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November 24, 2024  
 
 
  Business Loan Information  
 

I Need a Loan in Hershey, Nebraska

 

 
Loan Census SBA Loan Info

Loans for Landscaping Services

Looking for loans for landscaping services? Talk to a banker who works with the SBA. This $26,000 landscaping services loan was issued by a Nebraska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hershey, Nebraska was able to borrow $26,000 from The Hershey State Bank. The SBA made the loan possible by guaranteeing $22,100 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
HERSHEY, NE 69143

SBA Loan Lender

THE HERSHEY STATE BANK
100 S LINCOLN
HERSHEY, NE 69143

This lender issued this particular business loan 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.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

3/26/2003

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

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 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Hershey State Bank and they will explain how you can get an SBA loan for your company.

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:

Family and Friend Investors - Your First Financiers

SBA Approved Banks in Hershey, Nebraska

Nebraska SBA 7A Lenders