Vantus Bank SBA Loan to Business Services Company

Looking to get a Nebraska small business loan? Here's one Nebraska business loan that was approved by the SBA.

This small business needed an SBA business loan in South Sioux City, Nebraska back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Vantus Bank, operating out of Sioux City, Iowa. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
SOUTH SIOUX CITY, NE 68776

SBA Loan Lender

VANTUS BANK
329 PIERCE ST
SIOUX CITY, IA 51101

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.

SIC Code

7389 - Business Services

Loan Approval Date

4/10/2000

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $72,000.

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 4 employees. The SBA loan application for the borrower did not indicate that the company 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 raising money in South Sioux City NE, you ought to talk with a local South Sioux City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to South Sioux City businesses.

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.

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