Financing for Direct Selling Establishments

Looking for loans for direct selling establishments? An SBA loan may be just what you've been looking for. This $80,000 direct selling establishments loan was issued by a Nebraska bank.

This small firm knew how to go about getting a business bank loan. Based in Winside, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Winside State Bank, based in Winside, Nebraska.

SBA Loan Borrower

COMPANY TYPE: MEAT PACKING PLANTS
WINSIDE, NE 68790

SBA Loan Lender

WINSIDE STATE BANK
411 MAIN ST
WINSIDE, NE 68790

This SBA bank 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

2011 - Meat Packing Plants

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours 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:

Borrowing Money from Friends and Family

SBA Participating Banks in Winside, Nebraska

SBA Lenders in Nebraska