Entrepreneur Works With Henderson, Nevada Bank to Get an SBA Loan

Want to talk with a Henderson, Nevada bank about a small business loan? Here's one Oregon business loan, issued by a Henderson bank, that was approved by the SBA.

Applying for an SBA loan with Silver State Bank worked out well for our friends at one local company in Cornelius, Oregon. They received an SBA loan for $811,300. Sweet!

SBA Loan Borrower

COMPANY TYPE: GENERAL RENTAL CENTERS
CORNELIUS, OR 97113

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532310 - General Rental Centers

Loan Approval Date

7/7/2005

Loan Approval Gross Amount

$811,300

Loan Approval from the SBA

Of the total $811,300 loan amount, the SBA guaranteed $608,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to find business people willing to loan money, 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:

Dealing With Venture Capitalists

SBA Participating Banks in Henderson, Nevada

Browse All Business Loan Sources for Nevada