Mccook, Nebraska Entrepreneur Gets a Small Business Loan

Would a Nebraska SBA loan help your business get to the next level? If so, you may want to talk with this Nebraska bank, which offers SBA loans to Nebraska entrepreneurs.

This company, based in Mccook, Nebraska, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Mccook National Bank. We've got the inside scoop on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: AIR TRANSPORTATION, NONSCHEDULED
MCCOOK, NE 69001

SBA Loan Lender

MCCOOK NATIONAL BANK
220 NORRIS AVE
MCCOOK, NE 69001

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4522 - Air Transportation, Nonscheduled

NAICS Code

481211 - Nonscheduled Chartered Passenger Air Transportation

Loan Approval Date

3/1/2004

Loan Approval Gross Amount

$121,020

Loan Approval from the SBA

Of the total $121,020 loan amount, the SBA guaranteed $102,867.

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 8 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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Banks in Mccook, Nebraska

Getting an SBA Loan in Nebraska