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April 18, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Southern Comm. Bank Tampa Business Loans > Hobby Town Usa Loan | ||||
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Raising Money in Brandon, Florida With SBA Loans
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Brandon, FL Entrepreneur Gets SBA Loan to Buy Hobbytown Usa FranchiseNeed a loan to invest in a Hobbytown Usa franchise? Southern Comm. Bank has a history of making these loans and they are guaranteed by the SBA. Hobbytown Usa franchise loans are available to Brandon, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southern Comm. Bank, based in Tampa, Florida, issued an SBA franchise loan for a Hobbytown Usa franchise in 2000. We've got all the details on this Florida small business loan. SBA Loan Borrower HOBBY TOWN USA SBA Loan Lender SOUTHERN COMM. BANK This SBA business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. 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 5/1/2000 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Hobbytown Usa franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Southern Comm. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Banks for Small Business in Tampa, Florida
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