How to Get a Loan for Full-Service Restaurants
Looking for SBA loans for full-service restaurants? Talk to a banker who works with the SBA. This $50,000 full-service restaurants loan was issued by a Hawaii bank.
Getting a small business loan in Tamuning, was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Hawaii, operating out of Honolulu, Hawaii. Here are the details on this small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
TAMUNING, GU 96931
SBA Loan Lender
BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
4/28/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, you control your own destiny.
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:
Business Line of Credit
SBA Participating Banks in Honolulu, Hawaii
Hawaii SBA Bank Lenders