Bank Loans for Hobby, Toy, and Game Stores

Looking for bank loans for hobby, toy, and game stores? Talk to a banker who works with the SBA. This $35,000 hobby, toy, and game stores loan was issued by a Washington bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Numerica Cu, out of Spokane, Washington. The loan was granted and they received $35,000 to help grow their Coeur D Alene, Idaho business.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
COEUR D ALENE, ID 83814

SBA Loan Lender

NUMERICA CU
301 N HAVANA
SPOKANE, WA 99202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

6/20/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

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

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How Equity Dilution Works

SBA Participating Banks in Spokane, Washington

Getting a Business Loan in Washington