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November 23, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > Mama Fu's Noodle House Loan | ||||
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Business Loans for East Meadow Small Businesses
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New York Entrepreneur Secures Financing to Buy Mama Fu's Noodie House FranchiseBorrowing money to purchase a Mama Fu's Noodie House franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near East Meadow, New York and are interested in buying a Mama Fu's Noodie House franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Valley National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower MAMA FU'S NOODLE HOUSE SBA Loan Lender VALLEY NATIONAL BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 4/28/2004 Loan Approval Gross Amount $415,600 Loan Approval from the SBA Of the total $415,600 loan amount, the SBA guaranteed $311,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Mama Fu's Noodie House franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - How to Decide How Much to Raise Find an SBA Lender in North Plainfield, New Jersey
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