Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

SBA Lender Clearwater Florida

 

 
Loan Census SBA Loan Info

Hobby, Toy, and Game Stores Commercial Loans

Looking for commercial loans for hobby, toy, and game stores? The SBA may be the answer. This $100,000 hobby, toy, and game stores loan was issued by a Florida bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Home Bank, out of Seminole, Florida. The loan was granted and they received $100,000 to help grow their Clearwater, Florida business.

SBA Loan Borrower

COMPANY TYPE: CAMERA AND PHOTOGRAPHIC SUPPLY STORES
CLEARWATER, FL 33764

SBA Loan Lender

FIRST HOME BANK
9190 SEMINOLE BLVD
SEMINOLE, FL 33772

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

5946 - Camera and Photographic Supply Stores

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

8/23/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Cash Advances

Banks in Seminole, Florida

Getting an SBA Loan in Florida