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“They were passionate and knew what they were doing,” said Oklobzija, our Senior Vice President of Commercial Lending. After diving into the pair’s business plan and financials, 21st; Century Bank determined an SBA 7(a) loan was the perfect fit. “This provided a lot of flexibility for them. Most of the loan went to buy equipment, but we provided them with working capital and nice terms to get them up and running,” said Oklobzija.
These loans are backed by banks and the United States Small Business Administration (SBA) and provide flexible financing options for individuals with limited credit history or businesses that do not qualify for a conventional loan. The SBA 7(a) Loans are popular for startups, giving business owners access to working capital for furniture, fixtures, leasehold improvements and more.
Since January 2019, Wohlers and Barger have run the business side-by-side, often working 12- to 15-hour shifts alongside 8 employees. They pride themselves in providing the best tools, technology and resources to get golfers “In [their] element, against all elements.” The small business features top-of-the-line GOLFZON Simulator Technology, with options for all ages and experience levels. Between the technology investment and its fun, group-friendly atmosphere – the business is already seeing success.
4255 White Bear Parkway
Suite 2100
Vadnais Heights, MN 55110
Routing Number: 091913685