Get an SBA Loan for Limited-Service Restaurants

Looking for loans for limited-service restaurants? Try the SBA. This $693,000 limited-service restaurants loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grass Valley, California was able to borrow $693,000 from Bank Of The West. The SBA made the loan possible by guaranteeing $519,750 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
GRASS VALLEY, CA 95945

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

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

722211 - Limited-Service Restaurants

Loan Approval Date

8/2/2001

Loan Approval Gross Amount

$693,000

Loan Approval from the SBA

Of the total $693,000 loan amount, the SBA guaranteed $519,750.

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 13 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Grass Valley CA, you ought to talk with a local Grass Valley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grass Valley businesses.

This company got an SBA loan. You can too! Maybe you want money for start up 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.

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