Nintendo One Stop Game Shop Corporation
Nintendo One Stop Game Shop Corporation is a hobby, toy, and game retailer located in Salt Lake City, Utah, classified under NAICS code 459120. The business was financed with an SBA 7(a) loan for a change of ownership of $2,943,000, approved on July 26, 2024, through First Bank of Central Ohio.
SBA 7(a) loan, change of ownership, approved Jul 26, 2024
$2,943,000 approvedLender: First Bank of Central Ohio10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,943,000
- SBA-guaranteed amount
- $2,207,250 (75% of the approval)
- Lender
- First Bank of Central Ohio, Worthington, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $39,301 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 459120, Hobby, Toy, and Game Retailers
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in Hobby, Toy, and Game Retailers on this site.
- Average acquisition loan in Hobby, Toy, and Game Retailers: $1,090,500.
- Average acquisition loan in Utah: $1,761,092.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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