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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Versailles, Business Loans > Citizens Comm. National Versailles Business Loans > Full-Service Restaurants Loan | ||||
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Citizens Comm. National Commercial Loans
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Raising Money for Full-Service RestaurantsLooking for bank loans for full-service restaurants? Try the SBA. This $133,300 full-service restaurants loan was issued by a Kentucky bank. This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Citizens Comm. National, out of Versailles, Kentucky. The loan was granted and they received $133,300 to help grow their Versailles, Kentucky business. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender CITIZENS COMM. NATIONAL The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/14/2007 Loan Approval Gross Amount $133,300 Loan Approval from the SBA Of the total $133,300 loan amount, the SBA guaranteed $113,305. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 20 employees. The loan application indicated that the loan would help create 20 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $133,300 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in Versailles, Kentucky
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