Full-Service Restaurants Commercial Loans
Looking for commercial loans for full-service restaurants? Talk to a banker who works with the SBA. This $100,000 full-service restaurants loan was issued by an Ohio bank.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $100,000 to help grow their Eugene, Oregon business.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
EUGENE, OR 97401
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
12/7/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 40 employees. This SBA loan request indicated that the loan would help retain 40 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you want money for new small business in Eugene OR, you ought to talk with a local Eugene SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eugene businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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