Get an SBA Loan for Private Mail Centers
Looking for bank loans for private mail centers? The SBA may be the answer. This $100,000 private mail centers loan was issued by a Nebraska bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lincoln, Nebraska was able to borrow $100,000 from Union Bank And Trust Company. The SBA made the loan possible by guaranteeing $85,000 of this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: PRIVATE MAIL CENTERS
LINCOLN, NE 68505
SBA Loan Lender
UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506
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
561431 - Private Mail Centers
Loan Approval Date
3/23/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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.
Related Links:
Startup Funding Tip
SBA Approved Banks in Lincoln, Nebraska
Getting an SBA Loan in Nebraska