Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Equitable Bank

 

 
Loan Census SBA Loan Info

Business Loan from Equitable Bank Given to Veterinary Services Company

An SBA loan from Equitable Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a North Platte, Nebraska business owner got a $28,500 loan.

Getting a small business loan in North Platte, Nebraska was an essential business goal for this firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Equitable Bank, operating out of Grand Island, Nebraska. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
NORTH PLATTE, NE 69101

SBA Loan Lender

EQUITABLE BANK
113 N LOCUST ST
GRAND ISLAND, NE 68801

This bank 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

541940 - Veterinary Services

Loan Approval Date

5/18/2006

Loan Approval Gross Amount

$28,500

Loan Approval from the SBA

Of the total $28,500 loan amount, the SBA guaranteed $14,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Banking Deregulation's Effects on Entrepreneurship

Small Business Banks in Grand Island, Nebraska

SBA Lenders in Nebraska