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April 24, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tallahassee, Business Loans > Premier Bank Tallahassee Business Loans > Hobbytown Usa Loan | ||||
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SBA 7A Banks for Tallahassee, Florida Small Business Owners
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Loan to Buy Hobbytown Usa Franchise Issued By Premier BankBorrowing money to buy a Hobbytown Usa franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Tallahassee, Florida needed money to invest in a Hobbytown Usa franchise back in 2002. Premier Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower HOBBYTOWN USA SBA Loan Lender PREMIER BANK This 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. NAICS Code 451120 - Hobby, Toy, and Game Stores Loan Approval Date 6/14/2002 Loan Approval Gross Amount $242,750 Loan Approval from the SBA Of the total $242,750 loan amount, the SBA guaranteed $182,063. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Hobbytown Usa franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Tallahassee or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Bank Loans in Tallahassee, Florida Getting an SBA Loan in Florida
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