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November 21, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Adjustment And Collection Services Loan | ||||
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Who Lends Money to Lincoln Entrepreneurs
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Growing Company Gets a Nebraska Bank LoanNebraskaBank loans are available to Nebraska firms through the SBA. In this case, a Virginia bank provides the loan. You can learn something about getting a small business loan in Lincoln, Nebraska by studying this loan to a local company, made back in 2000. Banks like Business Loan Center, LLC may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: ADJUSTMENT AND COLLECTION SERVICES SBA Loan Lender BUSINESS LOAN CENTER, LLC 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 7322 - Adjustment and Collection Services NAICS Code 561440 - Collection Agencies Loan Approval Date 6/15/2000 Loan Approval Gross Amount $255,000 Loan Approval from the SBA Of the total $255,000 loan amount, the SBA guaranteed $191,250. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $255,000. How would you spend $255,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: How Much Venture Capital Is There? SBA Banks in Richmond, Virginia
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