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May 12, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Elko, Business Loans > Great Basin Bank Of Nevada Elko Business Loans > Trucking Loan | ||||
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SBA Lender Elko Nevada
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Getting an SBA Loan for Highway and Street ConstructionLooking for commercial loans for highway and street construction? The SBA may be the answer. This $63,000 highway and street construction loan was issued by a Nevada bank. This business knew how to go about getting a business bank loan. Based in Elko, Nevada, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Great Basin Bank Of Nevada, based in Elko, Nevada. SBA Loan Borrower COMPANY TYPE: TRUCKING SBA Loan Lender GREAT BASIN BANK OF NEVADA This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4213 - Trucking NAICS Code 234110 - Highway and Street Construction Loan Approval Date 12/27/2000 Loan Approval Gross Amount $63,000 Loan Approval from the SBA Of the total $63,000 loan amount, the SBA guaranteed $50,400. 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. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $63,000. How would you spend $63,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Raising VC Money for Social Networking Companies
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