Full-Service Restaurants Bank Loans
Looking for bank loans for full-service restaurants? Talk to a banker who works with the SBA. This $15,000 full-service restaurants loan was issued by a New York bank.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Manufacturers & Traders Trust, out of Buffalo, New York. The loan was granted and they received $15,000 to help grow their Brewster, New York business.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
BREWSTER, NY 10509
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
ONE M & T PLAZA
BUFFALO, NY 14203
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/21/2005
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Brewster NY, you ought to talk with a local Brewster SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brewster businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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