Manhattan, KS Entrepreneur Gets SBA Loan to Buy Valentino's italian Restaurant Franchise

Need a loan to buy a Valentino's italian Restaurant franchise? Kansas State Bank Of Manhattan has a history of making these loans and they are guaranteed by the SBA.

Valentino's italian Restaurant franchise loans are available to Manhattan, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Kansas State Bank Of Manhattan, based in Manhattan, Kansas, issued an SBA franchise loan for a Valentino's italian Restaurant franchise in 2004. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

VALENTINO'S GRAND ITALAN BUFET
MANHATTAN, KS 66502

SBA Loan Lender

KANSAS STATE BANK OF MANHATTAN
1010 WESTLOOP
MANHATTAN, KS 66505

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722212 - Cafeterias, Grill Buffets, and Buffets

Loan Approval Date

4/27/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Valentino's italian Restaurant franchise. At the time of the loan, the company had 60 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

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.

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.

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