Loans for Mobile Food Services

With these loans for mobile food services, the SBA guarantees the lender that the loan will be repaid. This mobile food services loan for $100,000 was given to an Alaska entrepreneur in 2005.

Getting a small business loan in Anchorage, Alaska was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Alaska, operating out of Anchorage, Alaska. Here are the details on this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: MOBILE FOOD SERVICES
ANCHORAGE, AK 99517

SBA Loan Lender

FIRST NATIONAL BANK ALASKA
101 W 36TH AVE
ANCHORAGE, AK 99503

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722330 - Mobile Food Services

Loan Approval Date

5/5/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 15 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Obtaining Funding - Friends and Family

Best Banks in Anchorage, Alaska

Getting a Business Loan in Alaska