Nebraska Bank Loan Issued to Drinking Places Company

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

Getting a small business loan in Lincoln, Nebraska was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Union Bank And Trust Company. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
LINCOLN, NE 68504

SBA Loan Lender

UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722410 - Drinking Places

Loan Approval Date

7/29/2003

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

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 40 employees. The SBA loan documents indicated that the loan would help generate 50 new jobs and retain 40 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Lincoln NE, you ought to talk with a local Lincoln SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lincoln businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Union Bank And Trust Company so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

A Company That Helps Entrepreneurs

SBA 7A Banks for Lincoln, Nebraska Loans

Nebraska SBA 7A Lenders