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November 22, 2024  
 
 
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Business Loan from First National Bank & Trust - Columb

 

 
Loan Census SBA Loan Info

Business Loan from First National Bank & Trust - Columb Given to Funeral Service And Crematories Company

First National Bank & Trust - Columb and the SBA work together to get business loans for growing small businesses. Here's an example of how a Nebraska entrepreneur was able to get a loan to take a small business to the next level.

This small firm knew how to go about getting a business bank loan. Based in Columbus, Nebraska, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was First National Bank & Trust - Columb, based in Columbus, Nebraska.

SBA Loan Borrower

COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
COLUMBUS, NE 68601

SBA Loan Lender

FIRST NATIONAL BANK & TRUST - COLUMB
2623 13TH ST
COLUMBUS, NE 68601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7261 - Funeral Service and Crematories

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

2/14/2006

Loan Approval Gross Amount

$1,018,350

Loan Approval from the SBA

Of the total $1,018,350 loan amount, the SBA guaranteed $763,763.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank & Trust - Columb that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Alternative Financing

Who Lends Money to Small Businesses in Columbus, Nebraska

Where to Get an SBA Loan Nebraska