Rushville, Nebraska Lender Lends Money to Fuel Oil Dealers Company
Thinking about meeting with a Rushville, Nebraska bank about a business loan? Here's one South Dakota business loan, issued by a Rushville bank, that was approved by the SBA.
Applying for an SBA loan with Security First Bank worked out well for our friends at one local firm in Pine Ridge, South Dakota. They received an SBA loan for $265,000. Nice!
SBA Loan Borrower
COMPANY TYPE: FUEL OIL DEALERS
PINE RIDGE, SD 57770
SBA Loan Lender
SECURITY FIRST BANK
101 E 2ND ST
RUSHVILLE, NE 69360
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5983 - Fuel Oil Dealers
NAICS Code
422710 - Petroleum Bulk Stations and Terminals
Loan Approval Date
6/28/2001
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
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 6 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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
Where to Get an SBA Loan in Rushville, Nebraska
SBA Nebraska Lenders