Great Western Bank SBA Loan to Manufacturing Industries Company

Searching for a Nebraska small business loan? Here's one Nebraska business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Emmet, Nebraska, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Great Western Bank, based in Atkinson, Nebraska.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
EMMET, NE 68734

SBA Loan Lender

GREAT WESTERN BANK
118 E STATE ST
ATKINSON, NE 68713

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3999 - Manufacturing Industries

Loan Approval Date

2/3/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 19 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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