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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Keystone, Nebraska Bank Gives SBA Loan to Car Washes Company

Want to talk with a Keystone, Nebraska bank about an SBA loan? Here's one Nebraska business loan, issued by a Keystone bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of Keystone worked out well for our friends at one local company in North Platte, Nebraska. They received an SBA loan for $45,000. Nice!

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
NORTH PLATTE, NE 69101

SBA Loan Lender

BANK OF KEYSTONE
105 INLAND SEAS
KEYSTONE, NE 69144

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

2/27/2001

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Keystone so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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