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

Bayard, Nebraska Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Adams Bank & Trust Gives Business Loan to Grocery Stores Company

Would a Nebraska SBA loan help your business get to the next level? If so, you may want to talk with this Nebraska bank, which offers SBA loans to Nebraska entrepreneurs.

Getting a small business loan in Bayard, Nebraska was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Adams Bank & Trust. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
BAYARD, NE 69334

SBA Loan Lender

ADAMS BANK & TRUST
315 N SPRUCE ST
OGALLALA, NE 69153

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank 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

5411 - Grocery Stores

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

8/18/2003

Loan Approval Gross Amount

$412,500

Loan Approval from the SBA

Of the total $412,500 loan amount, the SBA guaranteed $309,375.

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 10 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours 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:

Startup Funding Tip

SBA 7A Lenders in Ogallala, Nebraska

Nebraska SBA 7A Lenders