Las Vegas, Nevada Entrepreneur Gets an SBA Loan

NevadaSmall business loans are available to Nevada small business owners through the SBA. In this case, a Nevada bank provides the loan.

Getting a small business loan in Las Vegas, Nevada was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Silver State Bank. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: LINEN SUPPLY
LAS VEGAS, NV 89118

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812331 - Linen Supply

Loan Approval Date

3/23/2004

Loan Approval Gross Amount

$741,600

Loan Approval from the SBA

Of the total $741,600 loan amount, the SBA guaranteed $489,456.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 85 employees. The SBA loan documents indicated that the loan would help retain 85 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $741,600 loan. Remember, things become real when you believe you can achieve them!

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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