Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Omaha, Nebraska and We Got One!

 

 
Loan Census SBA Loan Info

Business Loans for Lawyers

Looking for business loans for lawyers? An SBA loan may be just what you've been looking for. This $544,000 lawyers loan was issued by a Nebraska bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Great Western Bank, out of Omaha, Nebraska. The loan was granted and they received $544,000 to help grow their Omaha, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: LEGAL SERVICES
OMAHA, NE 68154

SBA Loan Lender

GREAT WESTERN BANK
6015 NW RADIAL HWY
OMAHA, NE 68104

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8111 - Legal Services

NAICS Code

541110 - Lawyers

Loan Approval Date

3/21/2000

Loan Approval Gross Amount

$544,000

Loan Approval from the SBA

Of the total $544,000 loan amount, the SBA guaranteed $408,000.

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 16 employees. The SBA loan documents indicated that the loan would help retain 16 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to find business people willing to loan money, 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.

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