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November 25, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Full-Service Restaurants Loan | ||||
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Get an SBA Loan for Full-Service RestaurantsLooking for loans for full-service restaurants? Talk to a banker who works with the SBA. This $40,000 full-service restaurants loan was issued by a District of Columbia bank. This company knew how to go about getting a business bank loan. Based in Dublin, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Loans From Old Closed Lenders, based in Washington, District of Columbia. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender LOANS FROM OLD CLOSED LENDERS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/7/2001 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help generate 35 new jobs and retain 50 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $40,000. How would you spend $40,000 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: Borrowing Money from Friends and Family Banks in Washington, District of Columbia Where to Get an SBA Loan District of Columbia
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