Local Business Gets a Nebraska Business Loan

Business loans in Nebraska are tough to come by these days. We take a look at one Nebraska business loan, provided by a Nebraska bank, that was approved by the SBA.

Getting a small business loan in Pawnee City (rr Name Pawnee), Nebraska was a top priority for this SBA-financed company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from State Bank Of Table Rock. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
PAWNEE CITY (RR NAME PAWNEE), NE 68420

SBA Loan Lender

STATE BANK OF TABLE ROCK
MAIN ST
TABLE ROCK, NE 68447

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing 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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

11/8/2006

Loan Approval Gross Amount

$78,300

Loan Approval from the SBA

Of the total $78,300 loan amount, the SBA guaranteed $66,555.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like State Bank Of Table Rock and they will explain how you can get an SBA loan for your company.

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

Find an SBA Lender in Table Rock, Nebraska

Nebraska SBA 7A Banks