Women's Clothing Stores Small Business Loans

Looking for small business loans for women's clothing stores? The SBA may be the answer. This $93,800 women's clothing stores loan was issued by a Nebraska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scottsbluf, Nebraska was able to borrow $93,800 from Platte Valley National Bank. The SBA made the loan possible by guaranteeing $79,730 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
SCOTTSBLUF, NE 69361

SBA Loan Lender

PLATTE VALLEY NATIONAL BANK
1212 CIRCLE DR
SCOTTSBLUFF, NE 69361

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

4/18/2002

Loan Approval Gross Amount

$93,800

Loan Approval from the SBA

Of the total $93,800 loan amount, the SBA guaranteed $79,730.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

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

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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.

Related Links:

The Friends and Family Network

SBA 7A Banks in Scottsbluff, Nebraska

Where to Get an SBA Loan Nebraska