Full-Service Restaurants Commercial Loans
Looking for commercial loans for full-service restaurants? Talk to a banker who works with the SBA. This $135,000 full-service restaurants loan was issued by a Missouri bank.
This small business knew how to go about getting a business bank loan. Based in Branson, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Branson Bank, based in Branson, Missouri.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
BRANSON, MO 65616
SBA Loan Lender
BRANSON BANK
1501 STATE HWY 248
BRANSON, MO 65616
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
7/5/2001
Loan Approval Gross Amount
$135,000
Loan Approval from the SBA
Of the total $135,000 loan amount, the SBA guaranteed $114,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $135,000 loan. Remember, feel the fear, and do it anyway.
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:
Equity Financing
SBA Participating Banks in Branson, Missouri
Find an SBA Lender in Missouri