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.
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