Dakota Dunes, South Dakota Bank Gives SBA Loan to Carwashes Company
Want to talk with a Dakota Dunes, South Dakota bank about an SBA loan? Here's one Nebraska business loan, issued by a Dakota Dunes bank, that was approved by the SBA.
Applying for an SBA loan with Security National Bank - So. Dakota worked out well for our friends at one local company in Omaha, Nebraska. The business was able to get an SBA loan for $962,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: CARWASHES
OMAHA, NE 68164
SBA Loan Lender
SECURITY NATIONAL BANK - SO. DAKOTA
325 DAKOTA DUNES BLVD
DAKOTA DUNES, SD 57049
This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7542 - Carwashes
NAICS Code
811192 - Car Washes
Loan Approval Date
8/21/2003
Loan Approval Gross Amount
$962,000
Loan Approval from the SBA
Of the total $962,000 loan amount, the SBA guaranteed $702,260.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Security National Bank - So. Dakota that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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