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April 30, 2024  
 
 
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We Needed a Commercial Loan in Omaha, Nebraska and We Got One!

 

 
Loan Census SBA Loan Info

Small Business Loans for Engineering Services

Looking for small business loans for engineering services? Try the SBA. This $150,000 engineering services loan was issued by a Nebraska bank.

This small firm knew how to go about getting a business bank loan. Based in Omaha, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Great Western Bank, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
OMAHA, NE 68135

SBA Loan Lender

GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

8/12/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Accountant's Role in Securing Financing

SBA 7A Lenders in Omaha, Nebraska

Nebraska SBA Bank Lenders