Lincoln, Nebraska Lender Lends Money to Personal Care Services Company
A Lincoln, Nebraska small business loan can be yours. Learn how a business got a $25,500 business loan from this Nebraska bank.
This loan to a local firm is a good example of an SBA loan. Security First Bank made the loan and the SBA guaranteed a portion of the loan. Many other Nebraska entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
CRAWFORD, NE 69339
SBA Loan Lender
SECURITY FIRST BANK
5710 S 53RD ST
LINCOLN, NE 68516
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
1/4/2008
Loan Approval Gross Amount
$25,500
Loan Approval from the SBA
Of the total $25,500 loan amount, the SBA guaranteed $21,675.
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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,500 loan. Remember, where there is a will, there is a way!
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:
Business Cash Advances
Banks in Lincoln, Nebraska
Nebraska SBA Bank Lenders