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November 21, 2024  
 
 
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Wilber Bank Loan

 

 
Loan Census SBA Loan Info

Wilber, Nebraska Bank Gives SBA Loan to Beauty Shops Company

Want to talk with a Wilber, Nebraska bank about an SBA loan? Here's one Nebraska business loan, issued by a Wilber bank, that was approved by the SBA.

Applying for an SBA loan with Saline State Bank worked out well for our friends at one local company in Lincoln, Nebraska. They got an SBA loan for $140,000. Nice!

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
LINCOLN, NE 68510

SBA Loan Lender

SALINE STATE BANK
203 W 3RD ST
WILBER, NE 68465

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

3/13/2006

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Accountant's Role in Securing Financing

Small Business Banks in Wilber, Nebraska

Getting an SBA Loan in Nebraska