Nevada Bank Loan Issued to Glass Product Manufacturing Made Of Purchased Glass Company

Want a Nevada business loan? This Nevada entrepreneur got a business loan, provided by an Ohio bank that works with the SBA to help small business owners.

Getting a small business loan in Henderson, Nevada was a top priority for this SBA-financed company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: GLASS PRODUCT MANUFACTURING MADE OF PURCHASED GLASS
HENDERSON, NV 89014

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

9/19/2002

Loan Approval Gross Amount

$663,000

Loan Approval from the SBA

Of the total $663,000 loan amount, the SBA guaranteed $371,280.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 233 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 223 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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