Get an SBA Loan for Drinking Places
Looking for small business loans for drinking places? An SBA loan may be just what you've been looking for. This $224,000 drinking places loan was issued by an Ohio bank.
This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $224,000 to help grow their St. Paul, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
ST. PAUL, MN 55107
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
5/2/2001
Loan Approval Gross Amount
$224,000
Loan Approval from the SBA
Of the total $224,000 loan amount, the SBA guaranteed $168,000.
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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $224,000. How would you spend $224,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding From a Venture Capitalist
SBA 7A Banks for Cincinnati, Ohio Loans
Where to Get an SBA Loan Ohio