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December 19, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Geneva, Business Loans > Five Star Bank Geneva Business Loans > Eating Places Loan | ||||
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Five Star Bank Business Loans
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Full-Service Restaurants LoansLooking for loans for full-service restaurants? The SBA may be the answer. This $125,000 full-service restaurants loan was issued by a New York bank. This company knew how to go about getting a business bank loan. Based in Newark, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Five Star Bank, based in Geneva, New York. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIVE STAR BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to to our country's hard-working small business owners. 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 1/4/2000 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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 18 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA 7A Lenders in Geneva, New York
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