Full-Service Restaurants Small Business Loans

Looking for small business loans for full-service restaurants? Try the SBA. This $768,000 full-service restaurants loan was issued by a California bank.

Getting a small business loan in Santa Monica, California was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Rancho Santa Fe, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
SANTA MONICA, CA 90401

SBA Loan Lender

PACIFIC WESTERN BANK
6110 EL TORDO
RANCHO SANTA FE, CA 92067

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/16/2005

Loan Approval Gross Amount

$768,000

Loan Approval from the SBA

Of the total $768,000 loan amount, the SBA guaranteed $576,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 65 employees. The loan application indicated that the loan would help retain 65 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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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