Toy and Hobby Goods and Supplies Merchant Wholesalers Commercial Loans
With these commercial loans for toy and hobby goods and supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This toy and hobby goods and supplies merchant wholesalers loan for $30,000 was given to an Idaho entrepreneur in 2005.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $30,000 to help grow their Nampa, Idaho business.
SBA Loan Borrower
COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES MERCHANT WHOLESALERS
NAMPA, ID 83686
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
423920 - Toy and Hobby Goods and Supplies Merchant Wholesalers
Loan Approval Date
8/19/2005
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Nampa ID, you ought to talk with a local Nampa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Nampa businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Obtaining Funding - Friends and Family
Small Business Banks in West Valley City, Utah
SBA Lenders in Utah