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May 9, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Tampa Bay Fcu Tampa Business Loans > Eating Places Loan | ||||
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I Need a Business Loan in Riverview, Florida
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Getting an SBA Loan for Limited-Service RestaurantsWith these SBA loans for limited-service restaurants, the SBA guarantees the lender that the loan will be repaid. This limited-service restaurants loan for $419,112 was given to a Florida entrepreneur in 2006. This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Tampa Bay Fcu, out of Tampa, Florida. The loan was granted and they received $419,112 to help grow their Riverview, Florida business. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender TAMPA BAY FCU The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/11/2006 Loan Approval Gross Amount $419,112 Loan Approval from the SBA Of the total $419,112 loan amount, the SBA guaranteed $314,334. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money 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: Best Banks for Small Business in Tampa, Florida Browse All Business Loan Sources for Florida
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