---
title: Recently Closed SBA and USDA Loans (Q3 2021)
description: New recently closed SBA and USDA loans at VITAL Financial Services! Take a look at how SBA 7a and USDA loan programs support small businesses.
---

[Blog | SBA Loan Insights for Community Banks & Credit Unions | Lending XPlained](https://www.lendxpert.com/lending-xplained)

# [Recently Closed SBA and USDA Loans (Q3 2021)](https://www.lendxpert.com/lending-xplained/recently-closed-loans-q3-2021)

 Written by [LendXP](https://www.lendxpert.com/lending-xplained/author/lendxp) | October 26, 2021

Here's a look at some of the loans we've recently closed at LendXP in partnership with community banks. In the third quarter of 2021, LendXP facilitated $20,375,000 in small business loans through the [SBA 7(a) loan program and USDA Business & Industry program.](https://www.lendxpert.com/loan-programs) 

 

For a more in-depth look at how businesses address specific financing needs, check out the success stories on our [case studies page](https://www.lendxpert.com/case-studies). 

 

Ethyl Alcohol Manufacturing

$10,000,000 USDA B&I loan

Debt refinance and working capital

 

Landscaping Services

**$121,000 SBA 7(a) Loan**

Pay notes payable

Full-Service Restaurant

$320,000 SBA 7(a) Loan

Working capital 

 

**Hobby Store**

$250,000 SBA 7(a) Loan

Leasehold improvements, machinery, furniture, fixtures, equipment, inventory, and working capital 

 

**Full-Service Restaurant**

$956,000 SBA 7(a) Loan  
Pay notes payable

**Precision Manufacturing**

$2,250,000 SBA 7(a) Loan  
Business acquisition, machinery, equipment, working capital

 

Entertainment Venue

$500,000 SBA 7(a) Loan

Leasehold improvements, furniture and fixtures, and working capital

 

Full-Service Restaurant

$1,027,800 SBA 7(a) Loan

Business acquisition and working capital

 

Food Service Direct Sales

$350,000 SBA 7(a) Loan

Inventory

Bar

$710,000 SBA 7(a) Loan

Leasehold improvements, machinery, equipment, furniture and fixtures, and working capital

 

Manufacturer

$3,200,000 SBA 7(a) Loan  
Woking capital and pay notes payable

 

Restaurant

$175,000 SBA 7(a) Loan

Leasehold improvements, machinery and equipment, and working capital

Wholesaler

$66,000 SBA 7(a) Loan

Working capital and pay notes payable

 

Restaurant and Recreation Venue

$450,000 SBA 7(a) Loan

Leasehold improvements, machinery, furniture and fixtures, and working capital

 

 

*[Contact the expert SBA loan servicing team](https://www.lendxpert.com/contact)<https://www.lendxpert.com/about-us>at LendXP if there's a loan you'd like to discuss. We'll answer your questions about eligibility, terms, structure, and how to make the process smooth and efficient. *

 

[View full post](https://www.lendxpert.com/lending-xplained/recently-closed-loans-q3-2021)

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