Loan Census Banking News and Information
December 21, 2024  
 
 
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Las Vegas, Nevada SBA Banks

 

 
Loan Census SBA Loan Info

Las Vegas, Nevada Bank Lends Money to Retail Bakeries Company in Las Vegas, Nevada

A Las Vegas, Nevada small business loan can be yours. Learn how a company got a $75,000 business loan from this Nevada bank.

This loan to an entrepreneur is a good example of an SBA loan. Community Bank Of Nevada made the loan and the SBA guaranteed a portion of the loan. Many other Nevada entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
LAS VEGAS, NV 89123

SBA Loan Lender

COMMUNITY BANK OF NEVADA
2887 S MARYLAND PKWY
LAS VEGAS, NV 89109

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

Loan Approval Date

3/22/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Bank Credit Lines

Small Bank Loans in Las Vegas, Nevada

Getting a Business Loan in Nevada