HobbyTown
HobbyTown is located in Knoxville, TN, and the SBA lists its industry as Hobby, Toy, and Game Retailers. It was approved for an SBA 504 loan ($1,821,000 SBA portion) on February 23, 2024 to finance real estate or equipment.
- Business type
- Partnership
- Business age reported
- Existing or more than 2 years old
- Franchise
- HobbyTown
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Feb 23, 2024 | $1,821,000 | $2,224,500 | $4,495,000 (estimated) | Regions Bank | Brightbridge, Inc. | 25 years | 3 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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