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

Nebraska SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Laurel, Nebraska Bank Lends Money to Farm Machinery And Equipment Manufacturing Company in O'Neil, Nebraska

A Laurel, Nebraska SBA loan can be yours. Learn how one firm got a $1,418,000 business loan from this Nebraska bank.

This loan to an entrepreneur is a good example of an SBA loan. Security National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Nebraska entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: FARM MACHINERY AND EQUIPMENT MANUFACTURING
O'NEIL, NE 68763

SBA Loan Lender

SECURITY NATIONAL BANK
202 E 2ND ST
LAUREL, NE 68745

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333111 - Farm Machinery and Equipment Manufacturing

Loan Approval Date

12/5/2007

Loan Approval Gross Amount

$1,418,000

Loan Approval from the SBA

Of the total $1,418,000 loan amount, the SBA guaranteed $907,520.

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 30 employees. The loan application indicated that the loan would help retain 30 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Understanding Dilution

Find an SBA Lender in Laurel, Nebraska

SBA Lenders in Nebraska