Loans for Full-Service Restaurants
Looking for loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $1,060,000 full-service restaurants loan was issued by a New Jersey bank.
This small firm knew how to go about getting a business bank loan. Based in Rockville Centre, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Cit Small Business Lending Corp, based in Livingston, New Jersey.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
ROCKVILLE CENTRE, NY 11570
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
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
4/4/2000
Loan Approval Gross Amount
$1,060,000
Loan Approval from the SBA
Of the total $1,060,000 loan amount, the SBA guaranteed $749,992.
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 25 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 35 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need business start up money in Rockville Centre NY, you ought to talk with a local Rockville Centre SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rockville Centre businesses.
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.
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