Financing for Full-Service Restaurants
Looking for loans for full-service restaurants? Talk to a banker who works with the SBA. This $380,000 full-service restaurants loan was issued by a Kentucky bank.
Getting a small business loan in Cincinnati, Ohio was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Kentucky, Inc, operating out of Crestview Hills, Kentucky. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CINCINNATI, OH 45242
SBA Loan Lender
THE BANK OF KENTUCKY, INC
111 LOOKOUT FARM DR
CRESTVIEW HILLS, KY 41017
This commercial loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.
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
9/9/2005
Loan Approval Gross Amount
$380,000
Loan Approval from the SBA
Of the total $380,000 loan amount, the SBA guaranteed $285,000.
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 20 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels 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.
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.
Related Links:
Microlending as a Small Business Funding Source
SBA 7A Lenders in Crestview Hills, Kentucky
Kentucky SBA 7A Lenders