Chadron, Nebraska Business Gets SBA-Guaranteed Funding from First National Bank Of Chadron

First National Bank Of Chadron has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First National Bank Of Chadron, out of Chadron, Nebraska. The loan was granted and they received $78,300 to help grow their Chadron, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
CHADRON, NE 69337

SBA Loan Lender

FIRST NATIONAL BANK OF CHADRON
2ND & MAIN ST
CHADRON, NE 69337

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/3/2001

Loan Approval Gross Amount

$78,300

Loan Approval from the SBA

Of the total $78,300 loan amount, the SBA guaranteed $66,555.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Raising VC Money for Social Networking Companies

Good Banks for Small Business in Chadron, Nebraska

Getting a Business Loan in Nebraska