Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Columbus, Nebraska SBA Banks

 

 
Loan Census SBA Loan Info

Columbus, Nebraska Lender Lends Money to Landscape Counseling And Planning Company

Want to talk with a Columbus, Nebraska bank about a business loan? Here's one Nebraska business loan, issued by a Columbus bank, that was approved by the SBA.

Applying for an SBA loan with Cornerstone Bank worked out well for our friends at one local business in Columbus, Nebraska. They got an SBA loan for $406,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
COLUMBUS, NE 68601

SBA Loan Lender

CORNERSTONE BANK
1727 EAST 23RD ST
COLUMBUS, NE 68601

This commercial 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

0781 - Landscape Counseling and Planning

NAICS Code

541320 - Landscape Architectural Services

Loan Approval Date

5/23/2002

Loan Approval Gross Amount

$406,000

Loan Approval from the SBA

Of the total $406,000 loan amount, the SBA guaranteed $304,500.

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 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cornerstone 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 Incubators

SBA 7A Lenders in Columbus, Nebraska

Find an SBA Lender in Nebraska