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November 22, 2024  
 
 
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Pinnacle Bank Gives SBA Loan to Accounting Services Company

NebraskaBusiness loans are available to Nebraska business owners through the SBA. In this case, a Nebraska bank provides the loan.

Getting a small business loan in Columbus, Nebraska was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING SERVICES
COLUMBUS, NE 68602

SBA Loan Lender

PINNACLE BANK
2661 33RD AVE
COLUMBUS, NE 68601

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

541219 - Accounting Services

Loan Approval Date

8/28/2003

Loan Approval Gross Amount

$45,200

Loan Approval from the SBA

Of the total $45,200 loan amount, the SBA guaranteed $38,420.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Columbus or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding - How to Borrow Money

SBA 7A Banks in Columbus, Nebraska

SBA Nebraska Lenders