Financing for Limited-Service Restaurants

Looking for loans for limited-service restaurants? Talk to a banker who works with the SBA. This $180,960 limited-service restaurants loan was issued by a Wyoming bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Hilltop National Bank, out of Casper, Wyoming. The loan was granted and they received $180,960 to help grow their Glenrock, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
GLENROCK, WY 82637

SBA Loan Lender

HILLTOP NATIONAL BANK
300 COUNTRY CLUB RD
CASPER, WY 82609

This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

3/1/2006

Loan Approval Gross Amount

$180,960

Loan Approval from the SBA

Of the total $180,960 loan amount, the SBA guaranteed $135,720.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

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:

Small Business Loan

SBA Approved Banks in Casper, Wyoming

Wyoming SBA 7A Lenders