Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Alma Bank Loan

 

 
Loan Census SBA Loan Info

Alma, Nebraska Lender Lends Money to Photofinishing Laboratories Company

Get business loans from an Alma, Nebraska bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Community Bank is a Alma, Nebraska small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Nebraska company.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
ALMA, NE 68920

SBA Loan Lender

COMMUNITY BANK
1108 W 7TH ST
ALMA, NE 68920

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812921 - Photofinishing Laboratories

Loan Approval Date

3/11/2003

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Alma NE, you ought to talk with a local Alma SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Alma businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Alma, Nebraska

Nebraska SBA 7A Lenders