Lincoln, Nebraska Bank Lends Money to Flooring Contractors Company in Lincoln, Nebraska
Find Lincoln, Nebraska banks that specialize in SBA loans and know how to work with entrepreneurs. Cornhusker Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Lincoln, Nebraska starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Cornhusker Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: FLOORING CONTRACTORS
LINCOLN, NE 68521
SBA Loan Lender
CORNHUSKER BANK
1101 CORNHUSKER HWY
LINCOLN, NE 68521
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238330 - Flooring Contractors
Loan Approval Date
2/24/2006
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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