Where to Get Capital for Full-Service Restaurants
Looking for small business loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $80,700 full-service restaurants loan was issued by a Texas bank.
Getting a small business loan in Abilene, Texas was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank, operating out of Abilene, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
ABILENE, TX 79602
SBA Loan Lender
4201 S TREADAWAY BLVD
ABILENE, TX 79602
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.
5812 - Eating Places
722110 - Full-Service Restaurants
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $80,700 loan amount, the SBA guaranteed $68,595.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $80,700. How would you spend $80,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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