Financing for Full-Service Restaurants

Looking for commercial loans for full-service restaurants? Talk to a banker who works with the SBA. This $182,900 full-service restaurants loan was issued by a Kansas bank.

This small business knew how to go about getting a business bank loan. Based in Syracuse, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First National Bank, based in Goodland, Kansas.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
SYRACUSE, KS 67878

SBA Loan Lender

FIRST NATIONAL BANK
202 E 11TH ST
GOODLAND, KS 67735

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses.

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

5/8/2006

Loan Approval Gross Amount

$182,900

Loan Approval from the SBA

Of the total $182,900 loan amount, the SBA guaranteed $137,175.

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 3 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Syracuse KS, you ought to talk with a local Syracuse SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Syracuse businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank and they will explain how you can get an SBA loan for your company.

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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