Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Best Banks for Coconut Creek Small Business Owners

 

 
Loan Census SBA Loan Info

Small Business Loans for Hobby, Toy, and Game Stores

Looking for small business loans for hobby, toy, and game stores? An SBA loan may be just what you've been looking for. This $10,000 hobby, toy, and game stores loan was issued by a North Carolina bank.

This company knew how to go about getting a business bank loan. Based in Coconut Creek, Florida, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Bank Of America, based in Charlotte, North Carolina.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
COCONUT CREEK, FL 33073

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

11/26/2003

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 borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Coconut Creek FL, you ought to talk with a local Coconut Creek SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coconut Creek businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of America are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Accountant's Role in Securing Financing

Good Banks for Small Business in Charlotte, North Carolina

North Carolina SBA Bank Lenders