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April 20, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Charles, Business Loans > New Frontier Bank Saint Charles Business Loans > Hobbytown Usa Loan | ||||
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SBA Lenders for St. Charles, Missouri Business Owners
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Loan to Buy Hobbytown Usa Franchise Issued By New Frontier BankBorrowing money to invest in a Hobbytown Usa franchise? New Frontier Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in St. Charles, Missouri needed money to invest in a Hobbytown Usa franchise back in 2004. New Frontier Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower HOBBYTOWN USA SBA Loan Lender NEW FRONTIER BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451120 - Hobby, Toy, and Game Stores Loan Approval Date 8/23/2004 Loan Approval Gross Amount $191,000 Loan Approval from the SBA Of the total $191,000 loan amount, the SBA guaranteed $143,250. 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 did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you are working on finding money to start a business in St. Charles MO, you ought to talk with a local St. Charles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. Charles businesses. 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: Best Banks in Saint Charles, Missouri Getting a Business Loan in Missouri
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