Full-Service Restaurants Loans
With these loans for full-service restaurants, the SBA guarantees the lender that the loan will be repaid. This full-service restaurants loan for $38,500 was given to a California entrepreneur in 2007.
Getting a small business loan in Imperial, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Rabobank, National Association, operating out of Arroyo Grande, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
Imperial, CA 92251
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
8/13/2007
Loan Approval Gross Amount
$38,500
Loan Approval from the SBA
Of the total $38,500 loan amount, the SBA guaranteed $19,250.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 8 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in Imperial CA, you ought to talk with a local Imperial SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Imperial businesses.
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:
Financing Your Business
Best Arroyo Grande, California Banks for Small Business
SBA Lenders in California