Business Loan from Platte Valley St. Bank & Trust Given to Physical, Occupational And Speech Therapists, And Audiologists Company
Platte Valley St. Bank & Trust has a track record as a leading provider of SBA loans. Find out how this North Carolina entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Platte Valley St. Bank & Trust, out of Kearney, Nebraska. The loan was granted and they received $89,100 to help grow their Kearney, North Carolina business.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
KEARNEY, NC 68845
SBA Loan Lender
PLATTE VALLEY ST. BANK & TRUST
2223 2ND AVE
KEARNEY, NE 68847
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
6/30/2004
Loan Approval Gross Amount
$89,100
Loan Approval from the SBA
Of the total $89,100 loan amount, the SBA guaranteed $44,550.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 2 employees. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs.
Start the Process for Getting an SBA Loan Today!
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 Platte Valley St. Bank & Trust 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.
Related Links:
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SBA Approved Banks in Kearney, Nebraska
SBA Participating Banks in Nebraska