Full-Service Restaurants SBA Loans
Looking for SBA loans for full-service restaurants? Try the SBA. This $40,000 full-service restaurants loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Talent, Oregon was able to borrow $40,000 from People's Bank Of Commerce. The SBA made the loan possible by guaranteeing $20,000 of this Oregon small business loan.
SBA Loan Borrower
AVALON BAR & GRILL
105 W VALLEY VIEW
TALENT, OR 97540
SBA Loan Lender
PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
11/8/2006
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower, Avalon Bar & Grill, borrowed this money for a new 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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs. This loan was paid in full, and was closed out on 1/31/2008.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to Avalon Bar & Grill to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
The Friends and Family Network
Small Business Banks in Medford, Oregon
Getting an SBA Loan in Oregon
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