Full-Service Restaurants Commercial Loans
Looking for commercial loans for full-service restaurants? Talk to a banker who works with the SBA. This $180,000 full-service restaurants loan was issued by an Ohio bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Finan Bank, out of Hamilton, Ohio. The loan was granted and they received $180,000 to help grow their Celina, Ohio business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CELINA, OH 45822
SBA Loan Lender
FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.
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
11/13/2003
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 13 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Finan Bank and they will explain how you can get an SBA loan for your company.
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:
Small Business Credit Cards
Find an SBA Lender in Hamilton, Ohio
SBA Lenders in Ohio