Automotive Repair and Maintenance Bank Loans

Looking for bank loans for automotive repair and maintenance? The SBA may be the answer. This $200,000 automotive repair and maintenance loan was issued by a Nebraska bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Saline State Bank, out of Wilber, Nebraska. The loan was granted and they received $200,000 to help grow their Fairbury, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE REPAIR AND MAINTENANCE
FAIRBURY, NE 72153

SBA Loan Lender

SALINE STATE BANK
203 W 3RD ST
WILBER, NE 68465

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

811198 - Automotive Repair and Maintenance

Loan Approval Date

3/17/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Fairbury NE, you ought to talk with a local Fairbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fairbury businesses.

While you may be able to find other ways to get money to start a business, 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.

Related Links:

Debt Financing

Where to Get an SBA Loan in Wilber, Nebraska

SBA Lenders in Nebraska