Entrepreneur Works With Las Vegas, Nevada Bank to Get an SBA Loan

Find Las Vegas, Nevada banks that specialize in small business loans and know how to work with entrepreneurs. Nevada State Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Las Vegas, Nevada starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Nevada State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MOTION PICTURE AND VIDEO TAPE PRODUCTION
LAS VEGAS, NV 89118

SBA Loan Lender

NEVADA STATE BANK
750 E WARM SPRINGS RD, STE 40
LAS VEGAS, NV 89119

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.

SIC Code

7812 - Motion Picture and Video Tape Production

NAICS Code

512110 - Motion Picture and Video Production

Loan Approval Date

4/27/2000

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

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

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding - How to Borrow Money

SBA Banks in Las Vegas, Nevada

Getting a Business Loan in Nevada