First National Bank SBA Loan to Specialty Trade Contractors Company

First National Bank has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Sutherland, Nebraska, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was First National Bank, based in North Platte, Nebraska.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
SUTHERLAND, NE 69165

SBA Loan Lender

FIRST NATIONAL BANK
201 N DEWEY ST
NORTH PLATTE, NE 69101

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $37,500.

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 6 employees. The SBA loan application for the borrower indicated that the funding would help generate 6 new jobs.

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

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Business Credit Evaluation

Small Business Banks in North Platte, Nebraska

Nebraska SBA 7A Banks