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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Pensacola, Business Loans > Bank Of Pensacola Pensacola Business Loans > Hobbytown Usa Loan | ||||
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SBA Franchise Financing Lender Pensacola Florida
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Pensacola, FL Entrepreneur Gets SBA Loan to Buy Hobbytown Usa FranchiseNeed a loan to buy a Hobbytown Usa franchise? Bank Of Pensacola has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Pensacola, Florida needed money to invest in a Hobbytown Usa franchise back in 2007. Bank Of Pensacola issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower HOBBYTOWN USA SBA Loan Lender BANK OF PENSACOLA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451120 - Hobby, Toy, and Game Stores Loan Approval Date 5/15/2007 Loan Approval Gross Amount $210,000 Loan Approval from the SBA Of the total $210,000 loan amount, the SBA guaranteed $157,500. 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 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. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Pensacola 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: SBA 7A Banks in Pensacola, Florida Where to Get an SBA Loan Florida
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