Nebraska SBA Loan Issued to Pet Care Services Company
NebraskaBank loans are available to Nebraska firms through the SBA. In this case, a Nebraska bank provides the loan.
Getting a small business loan in North Platte, Nebraska was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Equitable Bank. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
North Platte, NE 69101
SBA Loan Lender
EQUITABLE BANK
113 N LOCUST ST
GRAND ISLAND, NE 68801
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812910 - Pet Care Services
Loan Approval Date
7/6/2006
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. The loan application indicated that the funding would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Equitable Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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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Small Business Banks in Grand Island, Nebraska
Getting an SBA Loan in Nebraska