Remodeling my cafe / restaurant

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Listing Information
Amount: $9,500.00 Status: Loan created
Grade: AA DTI: 8%
Lender Rate: 9% Borrower: MJB
Time Left: Finished State: FL
Funded: 100% Group: Vets helping Vets
Loan Information
Loan Status: Paid Origination Date: 2006-09-15 EricsCC ROI: 9%
Status History
Sep 14, 2006 Current
Jul 08, 2007 Payoff in progress
Jul 13, 2007 Paid
<span id="ctrlDescription_ctrlDescription_l">Hello,

  I am the owner of a popular bar / restaurant and am currently gearing up for the high tourist season.  My bar area is spectacular, one of the best looking pubs in the area, but my kitchen is lacking the equipment I need.  The funding I am requesting is going to go to construction of a wood fired pizza oven, additional cooling space, and the proper ventilation.

  The restaurant itself is paid for entirely with no outstanding debt.  My monthly expenses are low and the profit margin is quite high.  Also, I am a partially disabled US Army veteran having served in Operation Iraqi Freedom.  This is my first business since completing my service requirement and I am determined to be successful in this endeavor.  I have additional income from my service connected disability and from other investments so I will have no trouble making the monthly payments on this loan.

  Thanks for reading and please help make my business a success! 

Michael
Borrower's Other Listings
34285 Remodeling my restaurant / cafe AA $9,500 @ 12% Aug 26, 2006 Withdrawn
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