Full-Service Restaurants Loans
Looking for loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $65,000 full-service restaurants loan was issued by an Ohio bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with National City Bank, out of Cleveland, Ohio. The loan was granted and they received $65,000 to help grow their Klkhart, Indiana business.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
Klkhart, IN 46516
SBA Loan Lender
NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114
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
9/10/2007
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $32,500.
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 only one employee. The loan application indicated that the loan would help generate 13 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Klkhart IN, you ought to talk with a local Klkhart SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Klkhart businesses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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.
Related Links:
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SBA Banks in Cleveland, Ohio
Ohio SBA 7A Lenders