Commercial Loans for Nonresidential Property Managers

Looking for commercial loans for nonresidential property managers? An SBA loan may be just what you've been looking for. This $216,000 nonresidential property managers loan was issued by a Nebraska bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Heritage Bank, out of Wood River, Nebraska. The loan was granted and they received $216,000 to help grow their Wahoo, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: NONRESIDENTIAL PROPERTY MANAGERS
WAHOO, NE 68066

SBA Loan Lender

HERITAGE BANK
110 E 9TH ST
WOOD RIVER, NE 68883

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

531312 - Nonresidential Property Managers

Loan Approval Date

8/8/2007

Loan Approval Gross Amount

$216,000

Loan Approval from the SBA

Of the total $216,000 loan amount, the SBA guaranteed $108,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Heritage Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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 Line of Credit

Who Lends Money to Small Businesses in Wood River, Nebraska

Nebraska SBA 7A Banks