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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Business Loan from Pinnacle Bank Given to Child Day Care Services Company

Pinnacle Bank has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Pinnacle Bank, out of Omaha, Nebraska. The loan was granted and they received $157,200 to help grow their Omaha, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
OMAHA, NE 68138

SBA Loan Lender

PINNACLE BANK
13131 W DODGE RD
OMAHA, NE 68154

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/1/2005

Loan Approval Gross Amount

$157,200

Loan Approval from the SBA

Of the total $157,200 loan amount, the SBA guaranteed $117,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

SBA Participating Banks in Omaha, Nebraska

Getting a Business Loan in Nebraska