Holdrege, Nebraska Bank Gives SBA Loan to Nitrogenous Fertilizer Manufacturing Company

Get small business loans from a Holdrege, Nebraska bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First National Bank - Holdrege is a Holdrege, Nebraska small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Nebraska company.

SBA Loan Borrower

COMPANY TYPE: NITROGENOUS FERTILIZER MANUFACTURING
WILCOX, NE 68982

SBA Loan Lender

FIRST NATIONAL BANK - HOLDREGE
401 EAST AVE
HOLDREGE, NE 68949

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325311 - Nitrogenous Fertilizer Manufacturing

Loan Approval Date

9/10/2003

Loan Approval Gross Amount

$28,000

Loan Approval from the SBA

Of the total $28,000 loan amount, the SBA guaranteed $23,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Advice on Getting a Small Business Loan

Find an SBA Lender in Holdrege, Nebraska

SBA Participating Banks in Nebraska