Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Los Angeles Business Owners

 

 
Loan Census SBA Loan Info

SBA Loans for Toy and Hobby Goods and Supplies Wholesalers

With these SBA loans for toy and hobby goods and supplies wholesalers, the SBA guarantees the lender that the loan will be repaid. This toy and hobby goods and supplies wholesalers loan for $520,000 was given to a California entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $520,000 from Hanmi Bank. The SBA made the loan possible by guaranteeing $390,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES WHOLESALERS
LOS ANGELES, CA 90057

SBA Loan Lender

HANMI BANK
3660 WILSHIRE BLVD, STE 103
LOS ANGELES, CA 90010

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421920 - Toy and Hobby Goods and Supplies Wholesalers

Loan Approval Date

4/26/2001

Loan Approval Gross Amount

$520,000

Loan Approval from the SBA

Of the total $520,000 loan amount, the SBA guaranteed $390,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

The Friends and Family Network

Small Business Banks in Los Angeles, California

Browse All Business Loan Sources for California