Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in North Las Vegas, Nevada

 

 
Loan Census SBA Loan Info

SBA Loans for Jewelry Stores

Looking for SBA loans for jewelry stores? Try the SBA. This $125,000 jewelry stores loan was issued by a Nevada bank.

This business knew how to go about getting a business bank loan. Based in North Las Vegas, Nevada, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Community Bank Of Nevada, based in Las Vegas, Nevada.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
NORTH LAS VEGAS, NV 89030

SBA Loan Lender

COMMUNITY BANK OF NEVADA
400 S 4TH ST, STE 215
LAS VEGAS, NV 89101

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

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

8/23/2000

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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.

This SBA loan was for $125,000. How would you spend $125,000 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.

Related Links:

Angel Investors

SBA Banks in Las Vegas, Nevada

Getting an SBA Loan in Nevada