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November 23, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Wahoo, Business Loans > 1st National Bank - Wahoo Wahoo Business Loans > Pharmacies And Drug Stores Loan | ||||
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We Needed an SBA Loan in Malmo, Nebraska and We Got One!
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SBA Loans for Pharmacies and Drug StoresLooking for SBA loans for pharmacies and drug stores? The SBA may be the answer. This $75,000 pharmacies and drug stores loan was issued by a Nebraska bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Malmo, Nebraska was able to borrow $75,000 from 1st National Bank - Wahoo. The SBA made the loan possible by guaranteeing $56,250 of this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender 1ST NATIONAL BANK - WAHOO SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. 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 $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $56,250. 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 documents indicated that the loan would help create 1 new job. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st National Bank - Wahoo and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - How to Borrow Money SBA Approved Banks in Wahoo, Nebraska
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