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April 30, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Omaha, Business Loans > Great Western Bank Omaha Business Loans > Durable Goods Merchant Wholesalers Loan | ||||
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Business Loans for Council Bluffs Entrepreneurs
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Durable Goods Merchant Wholesalers Business LoansLooking for business loans for durable goods merchant wholesalers? The SBA may be the answer. This $100,000 durable goods merchant wholesalers loan was issued by a Nebraska bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Great Western Bank, out of Omaha, Nebraska. The loan was granted and they received $100,000 to help grow their Council Bluffs, Iowa business. SBA Loan Borrower COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS SBA Loan Lender GREAT WESTERN BANK The lender provided this commercial 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 423990 - Durable Goods Merchant Wholesalers Loan Approval Date 9/1/2004 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 only one employee. The SBA loan documents indicated that the borrowed money would help generate 1 new job. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Obtaining Funding - How to Decide How Much to Raise Small Bank Loans in Omaha, Nebraska
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