Get an SBA Loan for Full-Service Restaurants
Looking for loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $100,000 full-service restaurants loan was issued by a New Hampshire bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Keene, New Hampshire was able to borrow $100,000 from Savings Bank Of Walpole. The SBA made the loan possible by guaranteeing $50,000 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
KEENE, NH 03431
SBA Loan Lender
SAVINGS BANK OF WALPOLE
68 AMES PLZ LN
WALPOLE, NH 03608
This bank 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
8/24/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 no employees. The SBA loan documents indicated that the borrowed money would help create 6 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Savings Bank Of Walpole are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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