Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Las Vegas, Nevada Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Loans for Drinking Places

Looking for commercial loans for drinking places? Try the SBA. This $592,000 drinking places loan was issued by a Nevada bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $592,000 from Bank Of Nevada. The SBA made the loan possible by guaranteeing $444,000 of this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
LAS VEGAS, NV 89117

SBA Loan Lender

BANK OF NEVADA
777 N RAINBOW BLVD
LAS VEGAS, NV 89107

This commercial loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

10/21/2003

Loan Approval Gross Amount

$592,000

Loan Approval from the SBA

Of the total $592,000 loan amount, the SBA guaranteed $444,000.

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 22 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $592,000. How would you spend $592,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

SBA Banks in Las Vegas, Nevada

Nevada SBA Bank Lenders