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December 21, 2024  
 
 
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Loan Census SBA Loan Info

Watertown, South Dakota Lender Lends Money to Shoe Stores Company

Find Watertown, South Dakota banks that specialize in SBA loans and know how to work with entrepreneurs. Great Western Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Omaha, Nebraska starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Great Western Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SHOE STORES
OMAHA, NE 68144

SBA Loan Lender

GREAT WESTERN BANK
35 1ST AVE NE
WATERTOWN, SD 57201

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448210 - Shoe Stores

Loan Approval Date

12/7/2007

Loan Approval Gross Amount

$154,500

Loan Approval from the SBA

Of the total $154,500 loan amount, the SBA guaranteed $115,875.

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 14 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Omaha or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

A Company That Helps Entrepreneurs

SBA Approved Banks in Watertown, South Dakota

South Dakota SBA Bank Lenders