Limited-Service Restaurants SBA Loans

Looking for SBA loans for limited-service restaurants? The SBA may be the answer. This $30,000 limited-service restaurants loan was issued by an Indiana bank.

Getting a small business loan in Nineveh, Indiana was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Mutual Savings Bank, operating out of Franklin, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
NINEVEH, IN 46164

SBA Loan Lender

MUTUAL SAVINGS BANK
80 E JEFFERSON ST
FRANKLIN, IN 46131

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Mutual Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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