Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

Wilber, Nebraska Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Wilber, Nebraska Bank Lends Money to Drinking Places Company in Wilber, Nebraska

Want to talk with a Wilber, Nebraska bank about a business loan? Here's one Nebraska business loan, issued by a Wilber bank, that was approved by the SBA.

Applying for an SBA loan with Saline State Bank worked out well for our friends at one local business in Wilber, Nebraska. They got an SBA loan for $30,000. Nice!

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
WILBER, NE 68465

SBA Loan Lender

SALINE STATE BANK
203 W 3RD ST
WILBER, NE 68465

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

3/7/2001

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 2 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

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 Saline State Bank 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:

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Wilber, Nebraska

SBA Participating Banks in Nebraska