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December 21, 2024  
 
 
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Raising Money in North Las Vegas, Nevada With SBA Loans

 

 
Loan Census SBA Loan Info

Capital One Gives SBA Loan to Vending Machine Operators Company

Business loans in Nevada are tough to come by these days. We take a look at one Nevada business loan, provided by a Virginia bank, that was approved by the SBA.

Getting a small business loan in North Las Vegas, Nevada was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: VENDING MACHINE OPERATORS
NORTH LAS VEGAS, NV 89081

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

454210 - Vending Machine Operators

Loan Approval Date

2/12/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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