Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Nebraska SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Grand Island, Nebraska Bank to Get an SBA Loan

Want to talk with a Grand Island, Nebraska bank about a small business loan? Here's one Nebraska business loan, issued by a Grand Island bank, that was approved by the SBA.

Applying for an SBA loan with Tierone Bank worked out well for our friends at one local business in Omaha, Nebraska. They received an SBA loan for $30,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
OMAHA, NE 68137

SBA Loan Lender

TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

4/19/2004

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 10 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 17 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Equity Financing

SBA Banks in Grand Island, Nebraska

Nebraska SBA 7A Lenders