Get an SBA Loan for Limited-Service Restaurants
Looking for bank loans for limited-service restaurants? Talk to a banker who works with the SBA. This $445,000 limited-service restaurants loan was issued by a California bank.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Rabobank, National Association, out of Arroyo Grande, California. The loan was granted and they received $445,000 to help grow their Santa Barbara, California business.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
SANTA BARBARA, CA 93101
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/15/2005
Loan Approval Gross Amount
$445,000
Loan Approval from the SBA
Of the total $445,000 loan amount, the SBA guaranteed $333,750.
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 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Accountant's Role in Securing Financing
Find an SBA Lender in Arroyo Grande, California
Getting an SBA Loan in California