Get an SBA Loan for Full-Service Restaurants
Looking for small business loans for full-service restaurants? Talk to a banker who works with the SBA. This $250,000 full-service restaurants loan was issued by an Ohio bank.
This company knew how to go about getting a business bank loan. Based in Alpharetta, Ga 30005, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Ncb, Fsb, based in Hillsboro, Ohio.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
ALPHARETTA, GA 30005, GA 30005
SBA Loan Lender
NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
1/22/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Alpharetta, Ga 30005 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:
Role of Business Plan When Raising Money
SBA Approved Banks in Hillsboro, Ohio
Browse All Business Loan Sources for Ohio