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May 18, 2024  
 
 
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SBA Lender Burwell Nebraska

 

 
Loan Census SBA Loan Info

Where to Get Capital for Plumbing, Heating, and Air Conditioning Contractors

Looking for SBA loans for plumbing, heating, and air conditioning contractors? The SBA may be the answer. This $34,900 plumbing, heating, and air conditioning contractors loan was issued by a Nebraska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Burwell, Nebraska was able to borrow $34,900 from Tierone Bank. The SBA made the loan possible by guaranteeing $29,665 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
BURWELL, NE 68823

SBA Loan Lender

TIERONE BANK
163 GRAND AVE
BURWELL, NE 68823

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

9/18/2002

Loan Approval Gross Amount

$34,900

Loan Approval from the SBA

Of the total $34,900 loan amount, the SBA guaranteed $29,665.

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 3 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Tierone Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Business Credit Evaluation

SBA 7A Lenders in Burwell, Nebraska

Nebraska SBA Banks