Business Loans for Hobby, Toy, and Game Stores

Looking for business loans for hobby, toy, and game stores? Try the SBA. This $500,000 hobby, toy, and game stores loan was issued by a Connecticut bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Newalliance Bank, out of Norwalk, Connecticut. The loan was granted and they received $500,000 to help grow their Stamford, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES
STAMFORD, CT 06905

SBA Loan Lender

NEWALLIANCE BANK
79 NEW CANAAN AVE
NORWALK, CT 06850

This SBA 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.

SIC Code

5092 - Toys and Hobby Goods and Supplies

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

5/31/2002

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 2 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Stamford 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.

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