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May 3, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Limited-Service Restaurants Loan | ||||
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Best Banks for Joplin Business Owners
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Limited-Service Restaurants Small Business LoansLooking for small business loans for limited-service restaurants? Try the SBA. This $73,500 limited-service restaurants loan was issued by a New York bank. This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Newtek Small Business Finance Inc., out of New York, New York. The loan was granted and they received $73,500 to help grow their Joplin, Missouri business. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/9/2007 Loan Approval Gross Amount $73,500 Loan Approval from the SBA Of the total $73,500 loan amount, the SBA guaranteed $62,475. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Raising VC Money for Social Networking Companies Where to Get an SBA Loan in New York, New York Getting an SBA Loan in New York
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