Where to Get Capital for Communication Equipment Repair and Maintenance

Looking for small business loans for communication equipment repair and maintenance? The SBA may be the answer. This $428,700 communication equipment repair and maintenance loan was issued by a Nebraska bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bankfirst, out of Norfolk, Nebraska. The loan was granted and they received $428,700 to help grow their Norfolk, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: RADIO AND TELEVISION REPAIR SHOPS
NORFOLK, NE 68701

SBA Loan Lender

BANKFIRST
100 N 13TH ST
NORFOLK, NE 68701

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7622 - Radio and Television Repair Shops

NAICS Code

811213 - Communication Equipment Repair and Maintenance

Loan Approval Date

8/11/2004

Loan Approval Gross Amount

$428,700

Loan Approval from the SBA

Of the total $428,700 loan amount, the SBA guaranteed $321,525.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $428,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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