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November 15, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > North Las Vegas, Business Loans > 1st Commerce Bank North Las Vegas Business Loans > Drinking Places Loan | ||||
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North Las Vegas Lenders
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North Las Vegas, Nevada Bank Gives SBA Loan to Drinking Places CompanyGet small business loans from a North Las Vegas, Nevada bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. 1st Commerce Bank is a North Las Vegas, Nevada small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Nevada company. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender 1ST COMMERCE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 5/14/2004 Loan Approval Gross Amount $1,050,000 Loan Approval from the SBA Of the total $1,050,000 loan amount, the SBA guaranteed $787,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from 1st Commerce Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Business Banks in North Las Vegas, Nevada
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