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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Small Business Loans for Game, Toy, and Children's Vehicle Manufacturing

Looking for small business loans for game, toy, and children's vehicle manufacturing? An SBA loan may be just what you've been looking for. This $142,000 game, toy, and children's vehicle manufacturing loan was issued by a New York bank.

Getting a small business loan in Porter, Texas was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of New York, New York. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: GAMES, TOYS, & CHILDREN'S VEHICLES
PORTER, TX 77365

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3944 - Games, Toys, & Children's Vehicles

NAICS Code

339932 - Game, Toy, and Children's Vehicle Manufacturing

Loan Approval Date

10/4/2002

Loan Approval Gross Amount

$142,000

Loan Approval from the SBA

Of the total $142,000 loan amount, the SBA guaranteed $106,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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 From a Venture Capitalist

Small Business Banks in New York, New York

New York SBA 7A Lenders