Enterprise Bank Gives SBA Loan to Gasoline Service Stations Company
Business loans in Nebraska are are few and far betweeen these days. We take a look at one Nebraska business loan, provided by a Nebraska bank, that was approved by the SBA.
This small business, based in Hebron, Nebraska, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Enterprise Bank. We've got the inside scoop on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
HEBRON, NE 68370
SBA Loan Lender
ENTERPRISE BANK
12800 W CENTER RD
OMAHA, NE 68144
This small 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.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
7/19/2000
Loan Approval Gross Amount
$288,150
Loan Approval from the SBA
Of the total $288,150 loan amount, the SBA guaranteed $216,113.
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 12 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Hebron 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:
Alternative Financing
Best Banks for Small Business in Omaha, Nebraska
Getting a Business Loan in Nebraska