Hobby, Toy, and Game Stores SBA Loans

Looking for SBA loans for hobby, toy, and game stores? Talk to a banker who works with the SBA. This $85,000 hobby, toy, and game stores loan was issued by a Wisconsin bank.

This business knew how to go about getting a business bank loan. Based in Waukesha, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Citizens Bank Of Mukwonago, based in Big Bend, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME SHOPS
WAUKESHA, WI 53189

SBA Loan Lender

CITIZENS BANK OF MUKWONAGO
W 230 S 9125 CLARK
BIG BEND, WI 53103

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5945 - Hobby, Toy, and Game Shops

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

7/27/2001

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $72,250.

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 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Bank Of Mukwonago and they will explain how you can get an SBA loan for your company.

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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