Raising Money for Petroleum and Coal Products Manufacturing

Looking for bank loans for petroleum and coal products manufacturing? Talk to a banker who works with the SBA. This $50,000 petroleum and coal products manufacturing loan was issued by a Nebraska bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First National Bank, out of North Platte, Nebraska. The loan was granted and they received $50,000 to help grow their Gering, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM AND COAL PRODUCTS MANUFACTURING
GERING, NE 69341

SBA Loan Lender

FIRST NATIONAL BANK
201 N DEWEY ST
NORTH PLATTE, NE 69101

The lender provided this commercial 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

324199 - Petroleum and Coal Products Manufacturing

Loan Approval Date

3/31/2006

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 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 only one employee. The loan application indicated that the funding would help generate 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Gering or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Financing Your Business

SBA 7A Banks in North Platte, Nebraska

SBA Nebraska Lenders