Growing Company Gets a Nebraska Bank Loan
Looking to get a Nebraska bank loan? This Nebraska entrepreneur got a bank loan, provided by a Nebraska bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Alliance, Nebraska by studying this loan to a local company, made back in 2000. Banks like First National Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
ALLIANCE, NE 69301
SBA Loan Lender
FIRST NATIONAL BANK
201 N DEWEY ST
NORTH PLATTE, NE 69101
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5722 - Household Appliance Stores
NAICS Code
443111 - Household Appliance Stores
Loan Approval Date
10/25/2000
Loan Approval Gross Amount
$155,000
Loan Approval from the SBA
Of the total $155,000 loan amount, the SBA guaranteed $116,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Role of Business Plan When Raising Money
SBA Participating Banks in North Platte, Nebraska
Nebraska SBA 7A Lenders