How to Get a Loan for Household Appliance Stores

With these SBA loans for household appliance stores, the SBA guarantees the lender that the loan will be repaid. This household appliance stores loan for $409,400 was given to a Nebraska entrepreneur in 2003.

This small business knew how to go about getting a business bank loan. Based in Omaha, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Great Western Bank, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
OMAHA, NE 68127

SBA Loan Lender

GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443111 - Household Appliance Stores

Loan Approval Date

12/5/2003

Loan Approval Gross Amount

$409,400

Loan Approval from the SBA

Of the total $409,400 loan amount, the SBA guaranteed $307,050.

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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Great Western Bank and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - How to Borrow Money

Best Banks for Small Business in Omaha, Nebraska

Find an SBA Lender in Nebraska