Loan to Buy Valentino's italian Restaurant Franchise Issued By United Bank & Trust
Need money to invest in a Valentino's italian Restaurant franchise? United Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Seneca, Kansas needed money to invest in a Valentino's italian Restaurant franchise back in 2001. United Bank & Trust issued an SBA franchise loan. Here are the details on this Kansas small business loan.
SBA Loan Borrower
VALENTINO'S
SENECA, KS 66538
SBA Loan Lender
UNITED BANK & TRUST
502 MAIN
SENECA, KS 66538
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a 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
9/21/2001
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Valentino's italian Restaurant franchise. At the time of the loan, the company
had 17 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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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