Loan Census Banking News and Information
March 26, 2023  
  Business Loan Information  

Business Loans for St. Paul Park Businesses


Loan Census SBA Loan Info

Borrow Money to Buy a Skatetime School Programs Franchise

Need a loan to buy a Skatetime School Programs franchise? Park Midway Bank has a history of making these loans and they are guaranteed by the SBA.

Skatetime School Programs franchise loans are available to St. Paul Park, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Park Midway Bank, based in Saint Paul, Minnesota, issued an SBA franchise loan for a Skatetime School Programs franchise in 2003. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower


SBA Loan Lender


This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.


713990 - Amusement and Recreation Industries

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Skatetime School Programs franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Park Midway Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

Getting a Small Business Loan

Best Banks in Saint Paul, Minnesota

Getting an SBA Loan in Minnesota