Franklin Bank S.S.B. Provides SBA Loan to Buy Hobbytown Usa Franchise

Need money to buy a Hobbytown Usa franchise? Franklin Bank S.S.B. has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Hobbytown Usa franchise? If so, here's a 2002 SBA franchise loan that you should know about. Franklin Bank S.S.B. was the lender and the entrepreneur was based in College Station, Texas.

SBA Loan Borrower

HOBBYTOWN, U.S.A.
COLLEGE STATION, TX 77845

SBA Loan Lender

FRANKLIN BANK S.S.B.
2807 S TEXAS AVE
BRYAN, TX 77802

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5945 - Hobby, Toy, and Game Shops

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

5/31/2002

Loan Approval Gross Amount

$187,500

Loan Approval from the SBA

Of the total $187,500 loan amount, the SBA guaranteed $140,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Hobbytown Usa franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in College Station or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

HobbyTown USA

Getting a Small Business Loan

SBA 7A Lenders in Bryan, Texas

Find an SBA Lender in Texas