Get an SBA Loan for Hotels and Motels
Looking for small business loans for hotels and motels? Talk to a banker who works with the SBA. This $200,000 hotels and motels loan was issued by a Nebraska bank.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Tierone Bank, out of Lincoln, Nebraska. The loan was granted and they received $200,000 to help grow their Halsey, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: HOTELS AND MOTELS
HALSEY, NE 69142
SBA Loan Lender
TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721110 - Hotels and Motels
Loan Approval Date
10/28/2004
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your 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'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.
Related Links:
Direct Public Offerings
SBA 7A Lenders in Lincoln, Nebraska
SBA Participating Banks in Nebraska