Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Columbus, Nebraska

 

 
Loan Census SBA Loan Info

Drinking Places Commercial Loans

Looking for commercial loans for drinking places? An SBA loan may be just what you've been looking for. This $195,500 drinking places loan was issued by a Nebraska bank.

This small business knew how to go about getting a business bank loan. Based in Columbus, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Tierone Bank, based in Grand Island, Nebraska.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
COLUMBUS, NE 68601

SBA Loan Lender

TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

10/25/2002

Loan Approval Gross Amount

$195,500

Loan Approval from the SBA

Of the total $195,500 loan amount, the SBA guaranteed $146,625.

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 3 employees. The SBA loan documents indicated that the borrowed money would help create 3 new jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $195,500. How would you spend $195,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Accountant's Role in Securing Financing

Best Banks for Small Business in Grand Island, Nebraska

Nebraska SBA Banks