Nebraska Bank Loan Issued to Highway, Street, And Bridge Construction Company
SBA loans in Nebraska are hard to find these days. We take a look at one Nebraska SBA loan, provided by a Nebraska bank, that was approved by the SBA.
Getting a small business loan in Lincoln, Nebraska was a top priority for this particular business back in 2007 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: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION
LINCOLN, NE 68504
SBA Loan Lender
UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237310 - Highway, Street, and Bridge Construction
Loan Approval Date
3/7/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 9 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 9 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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.
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