Getting an SBA Loan for Amusement and Recreation Industries

Looking for SBA loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $245,400 amusement and recreation industries loan was issued by an Indiana bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with German American Bancorp, out of Washington, Indiana. The loan was granted and they received $245,400 to help grow their Washington, Indiana business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
WASHINGTON, IN 47501

SBA Loan Lender

GERMAN AMERICAN BANCORP
201 E MAIN ST
WASHINGTON, IN 47501

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$245,400

Loan Approval from the SBA

Of the total $245,400 loan amount, the SBA guaranteed $184,050.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from German American Bancorp 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 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:

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SBA Approved Banks in Washington, Indiana

Indiana SBA Bank Lenders