MADISON, WI – September 27, 2023 – Yoon Saechao, Vice President – SBA Lending at First Business Bank, announces a recently closed and funded $1,875,000 SBA 7(a) loan for a Vietnamese restaurant in California to buy a commercial building.

Our clients, owners of a popular pho restaurant who brought their distinctive family recipes from Vietnam to the United States, wanted to purchase another restaurant property to expand their business to a new, third location. With the help of the experienced SBA team at First Business Bank, the clients accessed the benefits of the SBA Lending 7(a) program, such as longer repayment terms and lower down payment.

"Securing an SBA 7(a) loan from First Business Bank was a seamless experience,” said the restaurant business owner. “Their team was patient with our questions and is helpful and experienced. We’re looking forward to bringing our unique family recipes to more people." 

An SBA-designated Preferred Lending Partner, First Business Bank’s Top 100 SBA Lending team provides efficient access for businesses to several SBA loan programs, including 7(a) loans, 504 loans, USDA Business & Industry, and the International Trade Loan program. The team operates nationwide and specializes in businesses with less than $25 million in revenue, bringing significant experience in franchise acquisition, e-commerce-based businesses, professional services, healthcare delivery, self-storage, owner-occupied real estate purchases, and more.

About First Business Bank
First Business Bank® specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC®. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc®. (Nasdaq: FBIZ). For additional information, visit