Fremont National Bank & Trust Gives Small Business Loan to Vending Machine Operators Company

Want a Nebraska business loan? This Nebraska entrepreneur got a business loan, provided by a Nebraska bank that works with the SBA to help small business owners.

Getting a small business loan in Fremont, Nebraska was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Fremont National Bank & Trust. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: VENDING MACHINE OPERATORS
FREMONT, NE 68025

SBA Loan Lender

FREMONT NATIONAL BANK & TRUST
152 E 6TH ST
FREMONT, NE 68025

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

454210 - Vending Machine Operators

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$58,000

Loan Approval from the SBA

Of the total $58,000 loan amount, the SBA guaranteed $29,000.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Fremont National 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.

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