Toy and Hobby Goods and Supplies Wholesalers SBA Loans
Looking for SBA loans for toy and hobby goods and supplies wholesalers? Talk to a banker who works with the SBA. This $20,000 toy and hobby goods and supplies wholesalers loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Jose, California was able to borrow $20,000 from San Jose National Bank A Division. The SBA made the loan possible by guaranteeing $16,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES
SAN JOSE, CA 95123
SBA Loan Lender
SAN JOSE NATIONAL BANK A DIVISION
1 N MARKET ST
SAN JOSE, CA 95113
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.
SIC Code
5092 - Toys and Hobby Goods and Supplies
NAICS Code
421920 - Toy and Hobby Goods and Supplies Wholesalers
Loan Approval Date
5/1/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $16,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. San Jose National Bank A Division had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, San Jose National Bank A Division made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Debt Financing
Banks in San Jose, California
California SBA Banks