Hobby, Toy, and Game Stores Small Business Loans

With these small business loans for hobby, toy, and game stores, the SBA guarantees the lender that the loan will be repaid. This hobby, toy, and game stores loan for $305,427 was given to an Indiana entrepreneur in 2007.

Getting a small business loan in Indianapolis, Indiana was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Ameriana Bank, Sb, operating out of New Castle, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
INDIANAPOLIS, IN 46278

SBA Loan Lender

AMERIANA BANK, SB
2118 BUNDY AVE
NEW CASTLE, IN 47362

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$305,427

Loan Approval from the SBA

Of the total $305,427 loan amount, the SBA guaranteed $229,070.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. This SBA loan request indicated that the loan would help retain 23 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This SBA loan was for $305,427. How would you spend $305,427 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.

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