South Sioux City, Nebraska Entrepreneur Gets a Business Loan

Business loans in Nebraska are hard to find these days. We take a look at one Nebraska business loan, provided by a Nebraska bank, that was approved by the SBA.

Getting a small business loan in South Sioux City, Nebraska was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Siouxland National Bank. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
SOUTH SIOUX CITY, NE 68776

SBA Loan Lender

SIOUXLAND NATIONAL BANK
1001 W 29TH ST
SOUTH SIOUX CITY, NE 68776

This 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

2759 - Commercial Printing

NAICS Code

323119 - Commercial Printing

Loan Approval Date

1/18/2000

Loan Approval Gross Amount

$921,000

Loan Approval from the SBA

Of the total $921,000 loan amount, the SBA guaranteed $690,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 40 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $921,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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 - Friends and Family

SBA 7A Banks for South Sioux City, Nebraska Loans

Where to Get an SBA Loan Nebraska