Adams Bank & Trust SBA Loan to Animal Specialties, N.E.C Company

Searching for a Nebraska business loan? Here's one Nebraska business loan that was approved by the SBA.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grant, Nebraska was able to borrow $51,500 from Adams Bank & Trust. The SBA made the loan possible by guaranteeing $41,200 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SPECIALTIES, N.E.C
GRANT, NE 69140

SBA Loan Lender

ADAMS BANK & TRUST
155 CENTRAL AVE
GRANT, NE 69140

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0279 - Animal Specialties, N.E.C

Loan Approval Date

7/24/2000

Loan Approval Gross Amount

$51,500

Loan Approval from the SBA

Of the total $51,500 loan amount, the SBA guaranteed $41,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Grant 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.

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