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May 17, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Jackson, Business Loans > First Interstate Bank Jackson Business Loans > Fitness And Recreational Sports Centers Loan | ||||
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Jackson, Wyoming Bank Loan
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Fitness and Recreational Sports Centers SBA LoansLooking for SBA loans for fitness and recreational sports centers? The SBA may be the answer. This $88,000 fitness and recreational sports centers loan was issued by a Wyoming bank. This business knew how to go about getting a business bank loan. Based in Jackson, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Interstate Bank, based in Jackson, Wyoming. SBA Loan Borrower COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS SBA Loan Lender FIRST INTERSTATE BANK This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 1/29/2002 Loan Approval Gross Amount $88,000 Loan Approval from the SBA Of the total $88,000 loan amount, the SBA guaranteed $74,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Interstate Bank and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA 7A Banks in Jackson, Wyoming
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