Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Banks in Grand Island, Nebraska That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Grand Island, Nebraska Bank to Get an SBA Loan

Thinking about meeting with a Grand Island, Nebraska bank about an SBA loan? Here's one Nebraska business loan, issued by a Grand Island bank, that was approved by the SBA.

Applying for an SBA loan with Equitable Bank worked out well for our friends at one local business in North Platte, Nebraska. They got an SBA loan for $50,300. Great job!

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC
NORTH PLATTE, NE 69101

SBA Loan Lender

EQUITABLE BANK
113 N LOCUST ST
GRAND ISLAND, NE 68801

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8049 - Health Practitioner Office or Clinic

NAICS Code

621330 - Mental Health Practitioners

Loan Approval Date

10/21/2005

Loan Approval Gross Amount

$50,300

Loan Approval from the SBA

Of the total $50,300 loan amount, the SBA guaranteed $42,755.

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 only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Equitable Bank 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.

Related Links:

Business Credit Evaluation

Best Banks for Small Business in Grand Island, Nebraska

SBA Nebraska Lenders