Omaha, NE Entrepreneur Gets SBA Loan to Buy Hobbytown Usa Franchise
Need a loan to invest in a Hobbytown Usa franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Hobbytown Usa franchise may simply require a phone call to a local SBA banker. In 2003, U.S. Bank National Association issued an SBA franchise loan to an entrepreneur in Omaha, Nebraska. Because Hobbytown Usa was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.
SBA Loan Borrower
HOBBY TOWN
OMAHA, NE 68122
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
451120 - Hobby, Toy, and Game Stores
Loan Approval Date
8/22/2003
Loan Approval Gross Amount
$165,800
Loan Approval from the SBA
Of the total $165,800 loan amount, the SBA guaranteed $124,350.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Hobbytown Usa franchise. At the time of the loan, the company
had 20 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $165,800 loan. Remember, fight for what you want, and it will be yours!
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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