Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Firth, Nebraska and We Got One!

 

 
Loan Census SBA Loan Info

Fabricated Metal Product Manufacturing Loans

With these loans for fabricated metal product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated metal product manufacturing loan for $50,000 was given to a Nebraska entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Firth, Nebraska was able to borrow $50,000 from Saline State Bank. The SBA made the loan possible by guaranteeing $25,000 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
FIRTH, NE 68258

SBA Loan Lender

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

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

332999 - Fabricated Metal Product Manufacturing

Loan Approval Date

12/21/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are raising money in Firth NE, you ought to talk with a local Firth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Firth 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.

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