Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Examples of Lincoln SBA Loans

 

 
Loan Census SBA Loan Info

Physicians Business Loans

Looking for business loans for physicians? Try the SBA. This $40,000 physicians loan was issued by a Nebraska bank.

This business knew how to go about getting a business bank loan. Based in Lincoln, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Cornhusker Bank, based in Lincoln, Nebraska.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
LINCOLN, NE 68506

SBA Loan Lender

CORNHUSKER BANK
1600 N COTNER BLVD
LINCOLN, NE 68505

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

9/26/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Realistic Debt Financing Options

SBA 7A Banks in Lincoln, Nebraska

Nebraska SBA Banks