Columbus, Nebraska Lender Lends Money to Plastering, Drywall, And Insulation Company

Get to know Columbus, Nebraska banks that specialize in business loans and know how to work with entrepreneurs. Bankfirst is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Richland, Nebraska starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bankfirst. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PLASTERING, DRYWALL, AND INSULATION
RICHLAND, NE 68601

SBA Loan Lender

BANKFIRST
1371 26TH AVE
COLUMBUS, NE 68601

This bank 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

1742 - Plastering, Drywall, and Insulation

NAICS Code

238310 - Drywall and Insulation Contractors

Loan Approval Date

5/15/2006

Loan Approval Gross Amount

$735,000

Loan Approval from the SBA

Of the total $735,000 loan amount, the SBA guaranteed $514,500.

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 8 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks in Columbus, Nebraska

Nebraska SBA 7A Lenders