Financing for Charter Bus Industry
Looking for commercial loans for charter bus industry? An SBA loan may be just what you've been looking for. This $20,000 charter bus industry loan was issued by a Nebraska bank.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Heritage Bank, out of Grand Island, Nebraska. The loan was granted and they received $20,000 to help grow their Grand Island, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: BUS CHARTER SERVICE
GRAND ISLAND, NE 68802
SBA Loan Lender
HERITAGE BANK
1333 N WEBB RD
GRAND ISLAND, NE 68803
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4142 - Bus Charter Service
NAICS Code
485510 - Charter Bus Industry
Loan Approval Date
6/30/2004
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Heritage 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.
Related Links:
Direct Public Offerings
Small Business Banks in Grand Island, Nebraska
SBA Nebraska Banks