Where to Get Capital for Sporting Goods Stores

Looking for small business loans for sporting goods stores? An SBA loan may be just what you've been looking for. This $272,500 sporting goods stores loan was issued by a Texas bank.

Getting a small business loan in Austin, Texas was important for 360 Cycleworks, Inc. back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Amer Business Lending Inc., operating out of Dallas, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

360 CYCLEWORKS, INC.
3801 N. CAPITAL OF TEXAS HIG
AUSTIN, TX 78746

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

This SBA small business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

5/14/2003

Loan Approval Gross Amount

$272,500

Loan Approval from the SBA

Of the total $272,500 loan amount, the SBA guaranteed $204,375.

More Information on This SBA Loan

The borrower, 360 Cycleworks, Inc., borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Austin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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