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May 12, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Oneill, Business Loans > Pinnacle Bank Oneill Business Loans > Eating Places Loan | ||||
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O'Neill, Nebraska Bank for SBA Loans
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O'Neill, Nebraska Entrepreneur Gets an SBA LoanNebraskaBank loans are available to Nebraska firms through the SBA. In this case, a Nebraska bank provides the loan. Getting a small business loan in O'Neill, Nebraska was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank. Here are the details on this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender PINNACLE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 1/4/2002 Loan Approval Gross Amount $247,661 Loan Approval from the SBA Of the total $247,661 loan amount, the SBA guaranteed $185,746. 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 25 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in O'Neill 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: Small Business Banks in Oneill, Nebraska Getting an SBA Loan in Nebraska
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