Full-Service Restaurants Loans

Looking for loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $463,500 full-service restaurants loan was issued by a Florida bank.

Getting a small business loan in Key West, Florida was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First St. Bank - Florida Keys, operating out of Key West, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
KEY WEST, FL 33040

SBA Loan Lender

FIRST ST. BANK - FLORIDA KEYS
1201 SIMONTON ST
KEY WEST, FL 33041

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/15/2002

Loan Approval Gross Amount

$463,500

Loan Approval from the SBA

Of the total $463,500 loan amount, the SBA guaranteed $347,625.

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 14 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Key West FL, you ought to talk with a local Key West SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Key West businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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