Pawnee City, Nebraska Bank Gives SBA Loan to Automotive Parts And Accessories Stores Company

Thinking about meeting with a Pawnee City, Nebraska bank about an SBA loan? Here's one Nebraska business loan, issued by a Pawnee City bank, that was approved by the SBA.

Applying for an SBA loan with State Bank Of Table Rock worked out well for our friends at one local company in Pawnee, Nebraska. They got an SBA loan for $76,500. Way to go!

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
PAWNEE, NE 68420

SBA Loan Lender

STATE BANK OF TABLE ROCK
650 G ST
PAWNEE CITY, NE 68420

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

11/19/2001

Loan Approval Gross Amount

$76,500

Loan Approval from the SBA

Of the total $76,500 loan amount, the SBA guaranteed $65,025.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Pawnee NE, you ought to talk with a local Pawnee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pawnee businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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