Business Loans for Commercial and Industrial Machinery and Equipment
Looking for business loans for commercial and industrial machinery and equipment? Try the SBA. This $20,000 commercial and industrial machinery and equipment loan was issued by a Nebraska bank.
This business knew how to go about getting a business bank loan. Based in Eustis, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Platte Valley St. Bank & Trust, based in Kearney, Nebraska.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT
EUSTIS, NE 69028
SBA Loan Lender
PLATTE VALLEY ST. BANK & TRUST
2223 2ND AVE
KEARNEY, NE 68847
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
811310 - Commercial and Industrial Machinery and Equipment
Loan Approval Date
3/14/2007
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Accountant's Role in Securing Financing
Find an SBA Lender in Kearney, Nebraska
Nebraska SBA Banks