First Beemer Leasing Corp SBA Loan to Eating Places Company

An SBA loan from First Beemer Leasing Corp typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Beemer, Nebraska business owner got a $26,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Beemer, Nebraska, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was First Beemer Leasing Corp, based in Beemer, Nebraska.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
BEEMER, NE 68716

SBA Loan Lender

FIRST BEEMER LEASING CORP
201 MAIN ST
BEEMER, NE 68716

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/19/2000

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $20,800.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 9 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Beemer NE, you ought to talk with a local Beemer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beemer businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

How to Raise Money

SBA Participating Banks in Beemer, Nebraska

Getting an SBA Loan in Nebraska