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November 15, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Dothan, Business Loans > Ameris Bank Dothan Business Loans > Eating Places Loan | ||||
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Advice for Small Business Owners On Getting a Loan
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Where to Get Capital for Full-Service RestaurantsWith these SBA loans for full-service restaurants, the SBA guarantees the lender that the loan will be repaid. This full-service restaurants loan for $99,000 was given to an Alabama entrepreneur in 2001. Getting a small business loan in Dothan, Alabama was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ameris Bank, operating out of Dothan, Alabama. Here are the details on this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender AMERIS BANK This SBA business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. 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 7/2/2001 Loan Approval Gross Amount $99,000 Loan Approval from the SBA Of the total $99,000 loan amount, the SBA guaranteed $84,150. 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 26 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Who Lends Money to Small Businesses in Dothan, Alabama
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