Loans for Wood Preservation

Looking for loans for wood preservation? An SBA loan may be just what you've been looking for. This $700,000 wood preservation loan was issued by a Nebraska bank.

Getting a small business loan in Columbus, Nebraska was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First Nebraska Bank, operating out of Columbus, Nebraska. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD PRESERVATION
COLUMBUS, NE 68601

SBA Loan Lender

FIRST NEBRASKA BANK
3225 23RD 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 bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321114 - Wood Preservation

Loan Approval Date

10/17/2007

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 121 employees. This SBA loan request indicated that the loan would help retain 121 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Determining Proper Capital Structure for a Business

Small Bank Loans in Columbus, Nebraska

Find an SBA Lender in Nebraska