Bank Of Bennington SBA Loan to Lumber, Plywood, Millwork, And Wood Panels Company

Looking to get a Nebraska SBA loan? Here's one Nebraska business loan that was approved by the SBA.

This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of Bennington, out of Bennington, Nebraska. The loan was granted and they received $120,000 to help grow their Papillion, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: LUMBER, PLYWOOD, MILLWORK, AND WOOD PANELS
PAPILLION, NE 68046

SBA Loan Lender

BANK OF BENNINGTON
12212 N 156TH ST
BENNINGTON, NE 68007

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 bank 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.

SIC Code

5031 - Lumber, Plywood, Millwork, and Wood Panels

NAICS Code

421310 -

Loan Approval Date

5/9/2001

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

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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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