Borrowing Money for Doll and Stuffed Toy Manufacturing

Looking for loans for doll and stuffed toy manufacturing? An SBA loan may be just what you've been looking for. This $666,000 doll and stuffed toy manufacturing loan was issued by an Utah bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Provo, Utah was able to borrow $666,000 from Celtic Bank Corporation. The SBA made the loan possible by guaranteeing $499,500 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: DOLL AND STUFFED TOY MANUFACTURING
PROVO, UT 84601

SBA Loan Lender

CELTIC BANK CORPORATION
340 E 400
SALT LAKE CITY, UT 84111

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339931 - Doll and Stuffed Toy Manufacturing

Loan Approval Date

11/27/2007

Loan Approval Gross Amount

$666,000

Loan Approval from the SBA

Of the total $666,000 loan amount, the SBA guaranteed $499,500.

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 7 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Provo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Accountant's Role in Securing Financing

SBA 7A Banks in Salt Lake City, Utah

Getting a Business Loan in Utah