Limited-Service Restaurants Small Business Loans
Looking for small business loans for limited-service restaurants? An SBA loan may be just what you've been looking for. This $600,000 limited-service restaurants loan was issued by a Florida bank.
This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Fifth Third Bank, out of Cape Coral, Florida. The loan was granted and they received $600,000 to help grow their Fort Myers, Florida business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
FORT MYERS, FL 33901
SBA Loan Lender
FIFTH THIRD BANK
2724 DEL PRADO BLVD
CAPE CORAL, FL 33904
This loan was provided by a small business 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
722211 - Limited-Service Restaurants
Loan Approval Date
12/1/2000
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $384,000.
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 50 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
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