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May 11, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Agana, Business Loans > Citizens Security Bank (guam) In Agana Business Loans > Limited-Service Restaurants Loan | ||||
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I Need a Business Loan in Tamuning,
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Raising Money for Limited-Service RestaurantsLooking for business loans for limited-service restaurants? An SBA loan may be just what you've been looking for. This $200,000 limited-service restaurants loan was issued by a bank. This business knew how to go about getting a business bank loan. Based in Tamuning, , they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citizens Security Bank (guam) In, based in Agana, . SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender CITIZENS SECURITY BANK (GUAM) IN SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/28/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need 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 While you may be able to borrow money from friends and family, 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. Related Links: Raising VC Money for Social Networking Companies
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