Business Loans for Leather and Hide Tanning and Finishing
Looking for business loans for leather and hide tanning and finishing? The SBA may be the answer. This $110,000 leather and hide tanning and finishing loan was issued by a Nebraska bank.
This 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 2000. The lending bank was First National Bank Of Omaha, based in Omaha, Nebraska.
SBA Loan Borrower
COMPANY TYPE: LEATHER TANNING AND FINISHING
OMAHA, NE 68107
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
11404 W DODGE RD
OMAHA, NE 68154
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3111 - Leather Tanning and Finishing
NAICS Code
316110 - Leather and Hide Tanning and Finishing
Loan Approval Date
10/4/2000
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $82,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your 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.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Borrowing Money from Friends and Family
SBA 7A Lenders in Omaha, Nebraska
Getting an SBA Loan in Nebraska