SBA Loan from Saline State Bank Helps Educational Support Services Company

An SBA loan from Saline State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lincoln, Nebraska business owner got a $65,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Lincoln, Nebraska, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Saline State Bank, based in Wilber, Nebraska.

SBA Loan Borrower

COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
LINCOLN, NE 68502

SBA Loan Lender

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

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611710 - Educational Support Services

Loan Approval Date

11/3/2006

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

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 loan application indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Lincoln or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Strategic Investors

SBA 7A Lenders in Wilber, Nebraska

Nebraska SBA Banks