Residential Remodelers Business Loans

With these business loans for residential remodelers, the SBA guarantees the lender that the loan will be repaid. This residential remodelers loan for $150,000 was given to a Nebraska entrepreneur in 2005.

This small business knew how to go about getting a business bank loan. Based in Kearney, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Nebraska National Bank, based in Kearney, Nebraska.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
KEARNEY, NE 68845

SBA Loan Lender

NEBRASKA NATIONAL BANK
3110 N 2ND AVE
KEARNEY, NE 68848

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

8/3/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 4 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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