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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Pasadena, Business Loans > Community Bank Pasadena Business Loans > Toys And Hobby Goods And Supplies Loan | ||||
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We Needed a Business Loan in Los Angeles, California and We Got One!
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Commercial Loans for Toy and Hobby Goods and Supplies WholesalersLooking for commercial loans for toy and hobby goods and supplies wholesalers? The SBA may be the answer. This $232,500 toy and hobby goods and supplies wholesalers loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Community Bank, out of Pasadena, California. The loan was granted and they received $232,500 to help grow their Los Angeles, California business. SBA Loan Borrower COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES SBA Loan Lender COMMUNITY BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. 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 5/18/2000 Loan Approval Gross Amount $232,500 Loan Approval from the SBA Of the total $232,500 loan amount, the SBA guaranteed $174,375. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Business Banks in Pasadena, California
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