SBA Loans for Limited-Service Restaurants
Looking for SBA loans for limited-service restaurants? The SBA may be the answer. This $100,000 limited-service restaurants loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Antonio, Texas was able to borrow $100,000 from Security Service Fcu. The SBA made the loan possible by guaranteeing $50,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
SAN ANTONIO, TX 78232
SBA Loan Lender
SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256
This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/1/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
We can help you find the best banks for small businesses in San Antonio or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Bank Credit Lines
Good Banks for Small Business in San Antonio, Texas
SBA Participating Banks in Texas