Hobby, Toy, and Game Stores Commercial Loans
Looking for commercial loans for hobby, toy, and game stores? The SBA may be the answer. This $100,000 hobby, toy, and game stores loan was issued by a Florida bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Home Bank, out of Seminole, Florida. The loan was granted and they received $100,000 to help grow their Clearwater, Florida business.
SBA Loan Borrower
COMPANY TYPE: CAMERA AND PHOTOGRAPHIC SUPPLY STORES
CLEARWATER, FL 33764
SBA Loan Lender
FIRST HOME BANK
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5946 - Camera and Photographic Supply Stores
NAICS Code
451120 - Hobby, Toy, and Game Stores
Loan Approval Date
8/23/2002
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Business Cash Advances
Banks in Seminole, Florida
Getting an SBA Loan in Florida