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May 2, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Boise, Business Loans > Syringa Bank Boise Business Loans > Gandolfo's Deli Restaurant Loan | ||||
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I Need a Business Loan to Buy a Franchise in Boise, Idaho
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Idaho Entrepreneur Secures Financing to Buy Gandolfo's New York Delicatessen FranchiseNeed money to invest in a Gandolfo's New York Delicatessen franchise? Syringa Bank has a history of making these loans and they are guaranteed by the SBA. Gandolfo's New York Delicatessen franchise loans are available to Boise, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Syringa Bank, based in Boise, Idaho, issued an SBA franchise loan for a Gandolfo's New York Delicatessen franchise in 2007. We've got all the details on this Idaho small business loan. SBA Loan Borrower GANDOLFO'S DELI RESTAURANT SBA Loan Lender SYRINGA BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 4/23/2007 Loan Approval Gross Amount $230,000 Loan Approval from the SBA Of the total $230,000 loan amount, the SBA guaranteed $172,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Gandolfo's New York Delicatessen franchise. At the time of the loan, the company had 28 employees. The SBA loan documents indicated that the loan would help generate 28 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Syringa Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Gandolfo's New York Delicatessen Accountant's Role in Securing Financing SBA 7A Banks for Boise, Idaho Loans Where to Get an SBA Loan Idaho
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