Raising Money for Fitness and Recreational Sports Centers
Looking for bank loans for fitness and recreational sports centers? The SBA may be the answer. This $145,200 fitness and recreational sports centers loan was issued by a Texas bank.
Getting a small business loan in Austin, Texas was important for Jachs, Inc. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Broadway National Bank, operating out of San Antonio, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
JACHS, Inc.
2613 Niemann Drive
Austin, TX 78748
SBA Loan Lender
BROADWAY NATIONAL BANK
1177 NE LOOP 410
SAN ANTONIO, TX 78209
This lender processed this loan for a small business 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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
12/13/2007
Loan Approval Gross Amount
$145,200
Loan Approval from the SBA
Of the total $145,200 loan amount, the SBA guaranteed $72,600.
More Information on This SBA Loan
The borrower, Jachs, Inc., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
If Jachs, 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:
SBIR Funding
SBA Participating Banks in San Antonio, Texas
Texas SBA 7A Banks
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.