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December 27, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Henderson, Business Loans > Silver State Bank Henderson Business Loans > Retail Stores Loan | ||||
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Henderson, Nevada SBA Banks
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Henderson, Nevada Lender Lends Money to Retail Stores CompanyThinking about meeting with a Henderson, Nevada bank about an SBA loan? Here's one Nevada business loan, issued by a Henderson bank, that was approved by the SBA. Applying for an SBA loan with Silver State Bank worked out well for our friends at one local company in Las Vegas, Nevada. They got an SBA loan for $635,500. Nice! SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender SILVER STATE BANK This lender issued this SBA business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores Loan Approval Date 6/28/2000 Loan Approval Gross Amount $635,500 Loan Approval from the SBA Of the total $635,500 loan amount, the SBA guaranteed $476,625. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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:
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