Nebraska SBA Loan Issued to Grain And Field Beans Company

Would a Nebraska small business loan help your small business to grow and prosper? If so, you may want to talk with this Nebraska bank, which offers SBA loans to Nebraska entrepreneurs.

You can learn something about getting a small business loan in Winside, Nebraska by studying this loan to a local company, made back in 2000. Banks like Winside State Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GRAIN AND FIELD BEANS
WINSIDE, NE 68790

SBA Loan Lender

WINSIDE STATE BANK
411 MAIN ST
WINSIDE, NE 68790

This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5153 - Grain and Field Beans

NAICS Code

422510 - Grain and Field Bean Wholesalers

Loan Approval Date

7/27/2000

Loan Approval Gross Amount

$66,665

Loan Approval from the SBA

Of the total $66,665 loan amount, the SBA guaranteed $53,332.

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 7 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Winside State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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