Small Business Loans for Caterers
Looking for small business loans for caterers? Talk to a banker who works with the SBA. This $465,400 caterers loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $465,400 from Security Service Fcu. The SBA made the loan possible by guaranteeing $349,050 of this Texas small business loan.
SBA Loan Borrower
PRIMIZIE/PRIMIZIE OSTERIA
1050 E 11TH STREET
AUSTIN, TX 78702
SBA Loan Lender
SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722320 - Caterers
Loan Approval Date
1/23/2007
Loan Approval Gross Amount
$465,400
Loan Approval from the SBA
Of the total $465,400 loan amount, the SBA guaranteed $349,050.
More Information on This SBA Loan
The borrower, Primizie/primizie Osteria, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 26 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Primizie/primizie Osteria did when it applied for and received this $465,400 loan. Remember, things become real when you believe you can achieve them!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Debt Financing
Where to Get an SBA Loan in San Antonio, Texas
Texas SBA 7A Banks
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