Business Loans for Full-Service Restaurants

Looking for business loans for full-service restaurants? Try the SBA. This $584,000 full-service restaurants loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Camarillo, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First California Bank, based in Camarillo, California.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
CAMARILLO, CA 93010

SBA Loan Lender

FIRST CALIFORNIA BANK
1100 PASEO CAMARILLO
CAMARILLO, CA 93010

This bank loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/5/2003

Loan Approval Gross Amount

$584,000

Loan Approval from the SBA

Of the total $584,000 loan amount, the SBA guaranteed $438,000.

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 47 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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 Camarillo, California Banks for Small Business

Getting an SBA Loan in California