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November 21, 2024  
 
 
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O'Neill, Nebraska Bank for SBA Loans

 

 
Loan Census SBA Loan Info

O'Neill, Nebraska Entrepreneur Gets an SBA Loan

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 O'Neill, Nebraska was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
O'NEILL, NE 68763

SBA Loan Lender

PINNACLE BANK
429 E DOUGLAS
ONEILL, NE 68763

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.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/4/2002

Loan Approval Gross Amount

$247,661

Loan Approval from the SBA

Of the total $247,661 loan amount, the SBA guaranteed $185,746.

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 25 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in O'Neill or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Raising Venture Capital

Small Business Banks in Oneill, Nebraska

Getting an SBA Loan in Nebraska