SBA Loans for Full-Service Restaurants

Looking for SBA loans for full-service restaurants? The SBA may be the answer. This $246,000 full-service restaurants loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Union Bank & Trust Company, out of Evansville, Wisconsin. The loan was granted and they received $246,000 to help grow their Evansville, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
EVANSVILLE, WI 53536

SBA Loan Lender

UNION BANK & TRUST COMPANY
2 E MAIN ST
EVANSVILLE, WI 53536

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

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

7/31/2003

Loan Approval Gross Amount

$246,000

Loan Approval from the SBA

Of the total $246,000 loan amount, the SBA guaranteed $184,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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.

Related Links:

Business Cash Advances

SBA Approved Banks in Evansville, Wisconsin

Where to Get an SBA Loan Wisconsin