Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Beaver Crossing, Nebraska Bank Loan

 

 
Loan Census SBA Loan Info

Gasoline Stations Business Loans

Looking for business loans for gasoline stations? An SBA loan may be just what you've been looking for. This $110,537 gasoline stations loan was issued by a Nebraska bank.

This business knew how to go about getting a business bank loan. Based in Beaver Crossing, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Farmers & Merchants Bank, based in Beaver Crossing, Nebraska.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
BEAVER CROSSING, NE 68313

SBA Loan Lender

FARMERS & MERCHANTS BANK
900 DIMERY
BEAVER CROSSING, NE 68313

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 small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

3/29/2006

Loan Approval Gross Amount

$110,537

Loan Approval from the SBA

Of the total $110,537 loan amount, the SBA guaranteed $93,956.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $110,537 loan. Remember, things become real when you believe you can achieve them!

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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