Getting an SBA Loan for Financial Investment Activities
With these SBA loans for financial investment activities, the SBA guarantees the lender that the loan will be repaid. This financial investment activities loan for $60,000 was given to a Nebraska entrepreneur in 2004.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Great Western Bank, out of Omaha, Nebraska. The loan was granted and they received $60,000 to help grow their Omaha, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: FINANCIAL INVESTMENT ACTIVITIES
OMAHA, NE 68127
SBA Loan Lender
GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
523999 - Financial Investment Activities
Loan Approval Date
4/5/2004
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
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:
Microlending as a Small Business Funding Source
SBA Participating Banks in Omaha, Nebraska
Where to Get an SBA Loan Nebraska