SBA lending record
New Eritrea Restaurant and Bar
907 IRVING ST, San Francisco, CA 94122 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
1
Loan on record
FY2021
On record
3
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is New Eritrea Restaurant and Bar your business?
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The loan
$2,025,000 — FY2021
- Gross approval
- $2,025,000
- SBA guaranteed
- $1,822,500 (90%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/18/2021
- First disbursement
- 12/30/2021
- Days to fund
- 134 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
VelocitySBA, LLC
1 loan to this businessFull lending record on the lender page.
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with New Eritrea Restaurant and Bar.