Financing for Hardware Stores
Looking for loans for hardware stores? An SBA loan may be just what you've been looking for. This $64,000 hardware stores loan was issued by a Nebraska bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with State Bank Of Table Rock, out of Table Rock, Nebraska. The loan was granted and they received $64,000 to help grow their Humboldt, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: HARDWARE STORES
HUMBOLDT, NE 68376
SBA Loan Lender
STATE BANK OF TABLE ROCK
MAIN ST
TABLE ROCK, NE 68447
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444130 - Hardware Stores
Loan Approval Date
2/1/2007
Loan Approval Gross Amount
$64,000
Loan Approval from the SBA
Of the total $64,000 loan amount, the SBA guaranteed $54,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into State Bank Of Table Rock and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Getting a Small Business Loan
Who Lends Money to Small Businesses in Table Rock, Nebraska
SBA Lenders in Nebraska