Loans for Architectural Services
Looking for loans for architectural services? An SBA loan may be just what you've been looking for. This $150,000 architectural services loan was issued by a Nebraska bank.
This small firm knew how to go about getting a business bank loan. Based in Lincoln, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Union Bank And Trust Company, based in Lincoln, Nebraska.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
LINCOLN, NE 68508
SBA Loan Lender
UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506
This lender issued this particular SBA loan 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.
NAICS Code
541310 - Architectural Services
Loan Approval Date
12/30/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 18 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Remember, 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!
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:
Business Incubators
Best Banks for Small Business in Lincoln, Nebraska
Nebraska SBA 7A Lenders