David City, Nebraska Business Gets SBA-Guaranteed Funding from Bank Of The Valley

An SBA loan from Bank Of The Valley typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a David City, Nebraska business owner got a $185,000 loan.

This growing company knew how to go about getting a business bank loan. Based in David City, Nebraska, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Bank Of The Valley, based in David City, Nebraska.

SBA Loan Borrower

COMPANY TYPE: REFUSE SYSTEMS
DAVID CITY, NE 68632

SBA Loan Lender

BANK OF THE VALLEY
N 4TH ST
DAVID CITY, NE 68632

This SBA 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.

SIC Code

4953 - Refuse Systems

NAICS Code

562211 - Hazardous Waste Treatment and Disposal

Loan Approval Date

12/14/2001

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $138,750.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in David City NE, you ought to talk with a local David City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to David City businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Valley and they will explain how you can get an SBA loan for your company.

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:

Borrowing Money from Friends and Family

Where to Get an SBA Loan in David City, Nebraska

SBA Nebraska Banks