Loans for Full-Service Restaurants

Looking for loans for full-service restaurants? Try the SBA. This $249,500 full-service restaurants loan was issued by a Missouri bank.

Getting a small business loan in Columbia, Missouri was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Edward Jones Trust Company, operating out of Saint Louis, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
COLUMBIA, MO 65201

SBA Loan Lender

EDWARD JONES TRUST COMPANY
12555 MANCHESTER RD
SAINT LOUIS, MO 63131

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/23/2004

Loan Approval Gross Amount

$249,500

Loan Approval from the SBA

Of the total $249,500 loan amount, the SBA guaranteed $187,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 17 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Cash Advances

Small Business Banks in Saint Louis, Missouri

Missouri SBA 7A Lenders