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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Garland, Business Loans > United Central Bank Garland Business Loans > Full-Service Restaurants Loan | ||||
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How to Get SBA Loans in Riverdale, Georgia
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Full-Service Restaurants Small Business LoansLooking for small business loans for full-service restaurants? Try the SBA. This $355,500 full-service restaurants loan was issued by a Texas bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with United Central Bank, out of Garland, Texas. The loan was granted and they received $355,500 to help grow their Riverdale, Georgia business. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender UNITED CENTRAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 8/7/2006 Loan Approval Gross Amount $355,500 Loan Approval from the SBA Of the total $355,500 loan amount, the SBA guaranteed $266,625. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 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. 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 $355,500 loan. Remember, feel the fear, and do it anyway. 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:
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