Business Loan from Bank Of The West Given to Hobby, Toy, And Game Shops Company
Bank Of The West and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Dallas, Texas was an essential business goal for this firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of Grapevine, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: HOBBY, TOY, AND GAME SHOPS
DALLAS, TX 75225
SBA Loan Lender
BANK OF THE WEST
108 W NORTHWEST HWY
GRAPEVINE, TX 76051
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
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
8/10/2000
Loan Approval Gross Amount
$115,500
Loan Approval from the SBA
Of the total $115,500 loan amount, the SBA guaranteed $86,625.
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 9 employees. The SBA loan documents indicated that the borrowed money would help create 4 new jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source
This SBA loan was for $115,500. How would you spend $115,500 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:
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