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December 22, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Salt Lake City, Business Loans > Beehive Cu Salt Lake City Business Loans > Hobby, Toy, And Game Stores Loan | ||||
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Nevada Small Business Funding
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Business Loans for Hobby, Toy, and Game StoresLooking for business loans for hobby, toy, and game stores? Try the SBA. This $25,000 hobby, toy, and game stores loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Wendover, Nevada was able to borrow $25,000 from Beehive Cu. The SBA made the loan possible by guaranteeing $12,500 of this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: HOBBY, TOY, AND GAME STORES SBA Loan Lender BEEHIVE CU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 451120 - Hobby, Toy, and Game Stores Loan Approval Date 5/16/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Small Bank Loans in Salt Lake City, Utah
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