Lincoln, Nebraska Entrepreneur Gets an SBA Loan

NebraskaSmall business loans are available to Nebraska small business owners through the SBA. In this case, a Nebraska bank provides the loan.

Getting a small business loan in Lincoln, Nebraska was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Tierone Bank. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
LINCOLN, NE 68508

SBA Loan Lender

TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/6/2006

Loan Approval Gross Amount

$105,600

Loan Approval from the SBA

Of the total $105,600 loan amount, the SBA guaranteed $89,760.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 18 new jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

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