Promoters of Performing Arts, Sports, and Similar Events without Facilities Loans
Looking for loans for promoters of performing arts, sports, and similar events without facilities? Talk to a banker who works with the SBA. This $10,000 promoters of performing arts, sports, and similar events without facilities loan was issued by a North Carolina bank.
Fairway Golf Promotions Inc knew how to go about getting a business bank loan. Based in Austin, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of America, based in Charlotte, North Carolina.
SBA Loan Borrower
Fairway Golf Promotions Inc
1779 WELLS BRANCH PKWY #110B
AUSTIN, TX 78728
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
711320 - Promoters of Performing Arts, Sports, and Similar Events without Facilities
Loan Approval Date
6/25/2004
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower, Fairway Golf Promotions 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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Fairway Golf Promotions Inc did when it applied for and received this $10,000 loan. Remember, if it to be, it is up to me!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Understanding Dilution
Who Lends Money to Small Businesses in Charlotte, North Carolina
North Carolina SBA 7A Lenders
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