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May 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Groves, Business Loans > Gulf Cu Groves Business Loans > Amusement And Recreation Services Loan | ||||
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How Hard Is It to Get a Small Business Loan in Lumberton, Texas?
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Business Loans for Sports and Recreation InstructionLooking for business loans for sports and recreation instruction? Try the SBA. This $175,481 sports and recreation instruction loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lumberton, Texas was able to borrow $175,481 from Gulf Cu. The SBA made the loan possible by guaranteeing $131,610 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES SBA Loan Lender GULF CU The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7999 - Amusement and Recreation Services NAICS Code 611620 - Sports and Recreation Instruction Loan Approval Date 9/18/2003 Loan Approval Gross Amount $175,481 Loan Approval from the SBA Of the total $175,481 loan amount, the SBA guaranteed $131,610. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 Gulf Cu 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 Lenders in Groves, Texas
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