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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Raising Money for Limited-Service Restaurants

Looking for business loans for limited-service restaurants? The SBA may be the answer. This $218,500 limited-service restaurants loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vancouver, Washington was able to borrow $218,500 from South Valley National Bank A Divis. The SBA made the loan possible by guaranteeing $163,875 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
Vancouver, WA 98683

SBA Loan Lender

SOUTH VALLEY NATIONAL BANK A DIVIS
8000 SANTA TERESA BLVD
GILROY, CA 95020

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/19/2007

Loan Approval Gross Amount

$218,500

Loan Approval from the SBA

Of the total $218,500 loan amount, the SBA guaranteed $163,875.

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 SBA loan documents indicated that the loan would help create 2 new jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Vancouver WA, you ought to talk with a local Vancouver SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vancouver businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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