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May 18, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Lincoln, Business Loans > Union Bank And Trust Company Lincoln Business Loans > Chemical And Allied Products Merchant Wholesalers Loan | ||||
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Examples of Lincoln SBA Loans
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Business Loans for Chemical and Allied Products Merchant WholesalersLooking for business loans for chemical and allied products merchant wholesalers? An SBA loan may be just what you've been looking for. This $240,000 chemical and allied products merchant wholesalers loan was issued by a Nebraska bank. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Union Bank And Trust Company, out of Lincoln, Nebraska. The loan was granted and they received $240,000 to help grow their Lincoln, Nebraska business. SBA Loan Borrower COMPANY TYPE: CHEMICAL AND ALLIED PRODUCTS MERCHANT WHOLESALERS SBA Loan Lender UNION BANK AND TRUST COMPANY The lender provided this SBA 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 424690 - Chemical and Allied Products Merchant Wholesalers Loan Approval Date 10/3/2007 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $120,000. 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in Lincoln or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Lenders in Lincoln, Nebraska
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