SBA Loan from Great Western Bank Helps Specialty Trade Contractors Company
An SBA loan from Great Western Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Omaha, Nebraska business owner got a $284,000 loan.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Great Western Bank, out of Omaha, Nebraska. The loan was granted and they received $284,000 to help grow their Omaha, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
OMAHA, NE 68137
SBA Loan Lender
GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
4/15/2004
Loan Approval Gross Amount
$284,000
Loan Approval from the SBA
Of the total $284,000 loan amount, the SBA guaranteed $213,000.
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 50 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 50 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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