Commercial Loans for Geophysical Surveying and Mapping Services
With these commercial loans for geophysical surveying and mapping services, the SBA guarantees the lender that the loan will be repaid. This geophysical surveying and mapping services loan for $13,000 was given to a Nebraska entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Holdrege, Nebraska was able to borrow $13,000 from Tierone Bank. The SBA made the loan possible by guaranteeing $6,500 of this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: GEOPHYSICAL SURVEYING AND MAPPING SERVICES
HOLDREGE, NE 68949
SBA Loan Lender
TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803
This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541360 - Geophysical Surveying and Mapping Services
Loan Approval Date
12/13/2000
Loan Approval Gross Amount
$13,000
Loan Approval from the SBA
Of the total $13,000 loan amount, the SBA guaranteed $6,500.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Tierone Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
How to Raise Money
Who Lends Money to Small Businesses in Grand Island, Nebraska
Nebraska SBA 7A Banks