Borrowing Money for Laminated Plastics Plate, Sheet, and Shape Manufacturing
With these bank loans for laminated plastics plate, sheet, and shape manufacturing, the SBA guarantees the lender that the loan will be repaid. This laminated plastics plate, sheet, and shape manufacturing loan for $106,000 was given to a Nebraska entrepreneur in 2000.
This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Great Western Bank, out of Bellevue, Nebraska. The loan was granted and they received $106,000 to help grow their Omaha, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: LAMINATED PLASTICS PLATE, SHEET, AND PROFILE SHAPE
OMAHA, NE 68134
SBA Loan Lender
GREAT WESTERN BANK
919 GALVIN RD SOUTH, STE 100
BELLEVUE, NE 68005
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3083 - Laminated Plastics Plate, Sheet, and Profile Shape
NAICS Code
326130 - Laminated Plastics Plate, Sheet, and Shape Manufacturing
Loan Approval Date
8/9/2000
Loan Approval Gross Amount
$106,000
Loan Approval from the SBA
Of the total $106,000 loan amount, the SBA guaranteed $79,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 6 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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:
Attracting Investors
SBA Approved Banks in Bellevue, Nebraska
SBA Nebraska Lenders