Borrow Money to Buy a Game Xchange Franchise

Borrowing money to invest in a Game Xchange franchise? Timberline Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Grandjuction, Colorado needed money to invest in a Game Xchange franchise back in 2007. Timberline Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan.

SBA Loan Borrower

GRAND JUNCTION GAME XCHANGE
GRANDJUCTION, CO 81503

SBA Loan Lender

TIMBERLINE BANK
2478 PATTERSON RD, UNIT 12
GRAND JUNCTION, CO 81505

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.

NAICS Code

423920 - Toy and Hobby Goods and Supplies Merchant Wholesalers

Loan Approval Date

1/31/2007

Loan Approval Gross Amount

$103,625

Loan Approval from the SBA

Of the total $103,625 loan amount, the SBA guaranteed $88,081.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Game Xchange franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the funding would help generate 5 new jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Grandjuction CO, you ought to talk with a local Grandjuction SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grandjuction businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Timberline Bank and they will explain how you can get an SBA loan for your company.

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:

Game Xchange

Bank Credit Lines

Where to Get an SBA Loan in Grand Junction, Colorado

Colorado SBA 7A Banks