Getting an SBA Loan for Full-Service Restaurants
Looking for business loans for full-service restaurants? Try the SBA. This $123,800 full-service restaurants loan was issued by a Pennsylvania bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Commerce Bank/harrisburg Natl, out of Lemoyne, Pennsylvania. The loan was granted and they received $123,800 to help grow their Camp Hill, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
Camp Hill, PA 17011
SBA Loan Lender
COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
5/25/2005
Loan Approval Gross Amount
$123,800
Loan Approval from the SBA
Of the total $123,800 loan amount, the SBA guaranteed $92,850.
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 30 employees. The SBA loan application for the borrower indicated that the loan would help retain 30 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $123,800. How would you spend $123,800 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Startup Funding Tip
SBA Participating Banks in Lemoyne, Pennsylvania
SBA Participating Banks in Pennsylvania