SBA Loan from Tierone Bank Helps Personal Services Company
Tierone Bank has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Omaha, Nebraska was able to borrow $96,291 from Tierone Bank. The SBA made the loan possible by guaranteeing $81,847 of this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
OMAHA, NE 68144
SBA Loan Lender
TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803
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 7A business 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.
NAICS Code
812990 - Personal Services
Loan Approval Date
11/19/2003
Loan Approval Gross Amount
$96,291
Loan Approval from the SBA
Of the total $96,291 loan amount, the SBA guaranteed $81,847.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 13 new jobs and retain 13 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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:
Family and Friend Investors - Your First Financiers
Find an SBA Lender in Grand Island, Nebraska
SBA Lenders in Nebraska