Sun West Bank Gives Business Loan to Drinking Places Company

Would a Nevada small business loan help your small business to grow and prosper? If so, you may want to talk with this Nevada bank, which offers SBA loans to Nevada entrepreneurs.

You can learn something about getting a small business loan in Las Vegas, Nevada by studying this loan to a local company, made back in 2001. Banks like Sun West Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
LAS VEGAS, NV 89119

SBA Loan Lender

SUN WEST BANK
5830 W FLAMINGO BLVD
LAS VEGAS, NV 89103

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

8/16/2001

Loan Approval Gross Amount

$509,895

Loan Approval from the SBA

Of the total $509,895 loan amount, the SBA guaranteed $356,926.

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 application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Sun West Bank and they will explain how you can get an SBA loan for your company.

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:

Role of Business Plan When Raising Money

Find an SBA Lender in Las Vegas, Nevada

Getting an SBA Loan in Nevada