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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Equity Bank, Ssb Dallas Business Loans > Eating Places Loan | ||||
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Texas Small Business Funding
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Getting an SBA Loan for Full-Service RestaurantsLooking for commercial loans for full-service restaurants? The SBA may be the answer. This $160,250 full-service restaurants loan was issued by a Texas bank. This business knew how to go about getting a business bank loan. Based in Mount Vernon, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Equity Bank, Ssb, based in Dallas, Texas. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender EQUITY BANK, SSB This SBA bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. 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 12/2/2002 Loan Approval Gross Amount $160,250 Loan Approval from the SBA Of the total $160,250 loan amount, the SBA guaranteed $120,188. 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 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Good Banks for Small Business in Dallas, Texas
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