Company Gets a Nebraska Bank Loan
SBA loans in Nebraska are hard to find these days. We take a look at one Nebraska SBA loan, provided by a Nebraska bank, that was approved by the SBA.
This business, based in North Platte, 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 First National Bank. We've got the inside scoop on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
NORTH PLATTE, NE 69101
SBA Loan Lender
FIRST NATIONAL BANK
201 N DEWEY ST
NORTH PLATTE, NE 69101
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
621310 - Chiropractors
Loan Approval Date
2/12/2001
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in North Platte NE, you ought to talk with a local North Platte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Platte businesses.
We can help you find the best banks for small businesses in North Platte or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Art of Bootstrapping
SBA 7A Banks in North Platte, Nebraska
SBA Participating Banks in Nebraska