Loan Census Banking News and Information
December 22, 2024  
 
 
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Grand Island, Nebraska SBA 7A Banks

 

 
Loan Census SBA Loan Info

Grand Island, Nebraska Bank Lends Money to Musical Instrument And Supplies Stores Company in North Platte, Nebraska

Get to know Grand Island, Nebraska banks that specialize in SBA loans and know how to work with entrepreneurs. Tierone Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in North Platte, Nebraska starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Tierone Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MUSICAL INSTRUMENT AND SUPPLIES STORES
NORTH PLATTE, NE 69101

SBA Loan Lender

TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451140 - Musical Instrument and Supplies Stores

Loan Approval Date

7/3/2001

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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

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.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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.

Related Links:

Startup Funding Tip

Banks in Grand Island, Nebraska

SBA Lenders in Nebraska