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November 23, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Syracuse, Business Loans > Valley State Bank Syracuse Business Loans > Full-Service Restaurants Loan | ||||
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Tips for Small Businesses On Getting a Loan
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Full-Service Restaurants Commercial LoansLooking for commercial loans for full-service restaurants? Talk to a banker who works with the SBA. This $132,146 full-service restaurants loan was issued by a Kansas bank. Getting a small business loan in Tribune, Kansas was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Valley State Bank, operating out of Syracuse, Kansas. Here are the details on this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender VALLEY STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/23/2007 Loan Approval Gross Amount $132,146 Loan Approval from the SBA Of the total $132,146 loan amount, the SBA guaranteed $112,324. 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 9 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Valley State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Valley State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Where to Get an SBA Loan in Syracuse, Kansas
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