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November 21, 2024  
 
 
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Ogallala, Nebraska Bank Lends Money to Radio, Television, And Electronics Stores Company in North Platte, Nebraska

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

Applying for an SBA loan with Adams Bank & Trust worked out well for our friends at one local company in North Platte, Nebraska. They got an SBA loan for $50,000. Nice!

SBA Loan Borrower

COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES
NORTH PLATTE, NE 69101

SBA Loan Lender

ADAMS BANK & TRUST
315 N SPRUCE ST
OGALLALA, NE 69153

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

443112 - Radio, Television, and Electronics Stores

Loan Approval Date

4/5/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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