Community Bank Of Nevada Gives Bank Loan to Vending Machine Operators Company

Would a Nevada bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Nevada bank, which offers SBA loans to Nevada entrepreneurs.

Getting a small business loan in Las Vegas, Nevada was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Nevada. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: VENDING MACHINE OPERATORS
LAS VEGAS, NV 89102

SBA Loan Lender

COMMUNITY BANK OF NEVADA
400 S 4TH ST, STE 215
LAS VEGAS, NV 89101

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454210 - Vending Machine Operators

Loan Approval Date

10/23/2001

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank Of Nevada are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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