Carson City, Nevada Bank Gives SBA Loan to Wood Container And Pallet Manufacturing Company

Get to know Carson City, Nevada banks that specialize in business loans and know how to work with entrepreneurs. Greater Nevada Cu is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Gardnerville, Nevada starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Greater Nevada Cu. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING
GARDNERVILLE, NV 89410

SBA Loan Lender

GREATER NEVADA CU
451 EAGLE STN LANE
CARSON CITY, NV 89701

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321920 - Wood Container and Pallet Manufacturing

Loan Approval Date

7/20/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Greater Nevada Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

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Where to Get an SBA Loan Nevada