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November 23, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Kearney, Business Loans > Platte Valley St. Bank & Trust Kearney Business Loans > Motor Vehicle Supplies And New Parts Loan | ||||
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Nebraska Small Business Funding
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Automotive Parts and Accessories Stores SBA LoansLooking for SBA loans for automotive parts and accessories stores? The SBA may be the answer. This $99,280 automotive parts and accessories stores loan was issued by a Nebraska bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Eustis, Nebraska was able to borrow $99,280 from Platte Valley St. Bank & Trust. The SBA made the loan possible by guaranteeing $84,388 of this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS SBA Loan Lender PLATTE VALLEY ST. BANK & TRUST This 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 5013 - Motor Vehicle Supplies and New Parts NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 2/21/2007 Loan Approval Gross Amount $99,280 Loan Approval from the SBA Of the total $99,280 loan amount, the SBA guaranteed $84,388. 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 5 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Platte Valley St. Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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:
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