Entrepreneur Works With Henderson, Nevada Bank to Get an SBA Loan
Get SBA loans from a Henderson, Nevada bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Silver State Bank is a Henderson, Nevada small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arizona company.
SBA Loan Borrower
COMPANY TYPE: RV PARKS AND CAMPGROUNDS
PHOENIX, AZ 85028
SBA Loan Lender
SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721211 - RV Parks and Campgrounds
Loan Approval Date
8/10/2005
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $450,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 500 employees. This SBA loan request indicated that the loan would help retain 500 existing jobs.
Next Steps for Getting an SBA Loan
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:
Obtaining Funding From a Venture Capitalist
Find an SBA Lender in Henderson, Nevada
SBA Nevada Banks