Entrepreneur Works With Las Vegas, Nevada Bank to Get an SBA Loan
Want to talk with a Las Vegas, Nevada bank about a small business loan? Here's one Nevada business loan, issued by a Las Vegas bank, that was approved by the SBA.
Applying for an SBA loan with Community One Fcu worked out well for our friends at one local business in Henderson, Nevada, Nevada. The business was able to get an SBA loan for $239,044. Way to go!
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE TOWING
HENDERSON, NEVADA, NV 89011
SBA Loan Lender
COMMUNITY ONE FCU
2699 N TENAYA WAY
LAS VEGAS, NV 89128
This SBA 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
488410 - Motor Vehicle Towing
Loan Approval Date
8/11/2006
Loan Approval Gross Amount
$239,044
Loan Approval from the SBA
Of the total $239,044 loan amount, the SBA guaranteed $179,283.
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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Alternative Financing
Banks in Las Vegas, Nevada
Nevada SBA 7A Banks