Falls City, Nebraska Business Gets SBA-Guaranteed Funding from The State Bank Of Stella
The State Bank Of Stella has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Falls City, Nebraska, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was The State Bank Of Stella, based in Stella, Nebraska.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RELATED SERVICES
FALLS CITY, NE 68355
SBA Loan Lender
THE STATE BANK OF STELLA
MAIN ST
STELLA, NE 68442
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
7379 - Computer Related Services
Loan Approval Date
9/5/2000
Loan Approval Gross Amount
$8,000
Loan Approval from the SBA
Of the total $8,000 loan amount, the SBA guaranteed $6,400.
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 loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Falls City NE, you ought to talk with a local Falls City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Falls City businesses.
We've showcased information on this loan to let you know that businesses like yours 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:
Understanding Dilution
SBA Approved Banks in Stella, Nebraska
Nebraska SBA 7A Lenders