Get an SBA Loan for Mortgage and Nonmortgage Loan Brokers

Looking for small business loans for mortgage and nonmortgage loan brokers? The SBA may be the answer. This $80,000 mortgage and nonmortgage loan brokers loan was issued by an Iowa bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Omaha, Nebraska was able to borrow $80,000 from Frontier Savings Bank. The SBA made the loan possible by guaranteeing $64,000 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: LOAN BROKERS
OMAHA, NE 68105

SBA Loan Lender

FRONTIER SAVINGS BANK
940 VALLEY VIEW DR
COUNCIL BLUFFS, IA 51503

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6163 - Loan Brokers

NAICS Code

522310 - Mortgage and Nonmortgage Loan Brokers

Loan Approval Date

7/17/2000

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $64,000.

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. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Famous Venture Capitalists

SBA 7A Banks for Council Bluffs, Iowa Loans

Iowa SBA Banks