Fitness and Recreational Sports Centers Loans
Looking for loans for fitness and recreational sports centers? The SBA may be the answer. This $2,000,000 fitness and recreational sports centers loan was issued by a California bank.
Getting a small business loan in Austin, Texas was important for Polo Tennis & Fitness Inc back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Alliance Bank, operating out of Culver City, California. Here are the details on this Texas small business loan.
SBA Loan Borrower
POLO TENNIS & FITNESS INC
14101 CANONADE
AUSTIN, TX 78737
SBA Loan Lender
ALLIANCE BANK
100 CORPORATE POINTE
CULVER CITY, CA 90230
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
6/29/2007
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.
More Information on This SBA Loan
The borrower, Polo Tennis & Fitness Inc, borrowed this money for an existing 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
If Polo Tennis & Fitness Inc can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - Friends and Family
Small Bank Loans in Culver City, California
California SBA Bank Lenders
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