1st National Bank - Wahoo SBA Loan to Pharmacies And Drug Stores Company

An SBA loan from 1st National Bank - Wahoo typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Malmo, Nebraska business owner got a $100,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with 1st National Bank - Wahoo, out of Wahoo, Nebraska. The loan was granted and they received $100,000 to help grow their Malmo, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
MALMO, NE 68040

SBA Loan Lender

1ST NATIONAL BANK - WAHOO
201 E 5TH ST
WAHOO, NE 68066

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

11/29/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

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. This SBA loan request indicated that the loan would help create 1 new job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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