SBA Loan from Richardson Cnty Bank & Trust Helps Roofing Contractors Company
Richardson Cnty Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a Nebraska entrepreneur was able to get a loan to take a small business to the next level.
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 2008. The lending bank was Richardson Cnty Bank & Trust, based in Falls City, Nebraska.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
FALLS CITY, NE 68355
SBA Loan Lender
RICHARDSON CNTY BANK & TRUST
1616 HARLAN ST
FALLS CITY, NE 68355
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238160 - Roofing Contractors
Loan Approval Date
1/8/2008
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. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Business Credit Evaluation
Where to Get an SBA Loan in Falls City, Nebraska
Nebraska SBA Banks