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:
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SBA Participating Banks in Omaha, Nebraska
Getting a Business Loan in Nebraska