Entrepreneur Works With Lincoln, Nebraska Bank to Get an SBA Loan

A Lincoln, Nebraska business loan can be yours. Learn how a business got a $74,400 business loan from this Nebraska bank.

This loan to a local firm is a good example of an SBA loan. Tierone Bank made the loan and the SBA guaranteed a portion of the loan. Many other Nebraska entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
HOLDREGE, NE 68949

SBA Loan Lender

TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508

This debt financing 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

722110 - Full-Service Restaurants

Loan Approval Date

11/8/2006

Loan Approval Gross Amount

$74,400

Loan Approval from the SBA

Of the total $74,400 loan amount, the SBA guaranteed $63,240.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the funding would help generate 6 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Banks in Lincoln, Nebraska

Where to Get an SBA Loan Nebraska