SBA Loans for General Automotive Repair

Looking for SBA loans for general automotive repair? Talk to a banker who works with the SBA. This $68,200 general automotive repair loan was issued by a Nebraska bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Farmers State Bank, out of Ewing, Nebraska. The loan was granted and they received $68,200 to help grow their Ewing, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SHOPS
EWING, NE 68735

SBA Loan Lender

FARMERS STATE BANK
220 E NEBRASKA ST
EWING, NE 68735

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7538 - General Automotive Repair Shops

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

6/7/2006

Loan Approval Gross Amount

$68,200

Loan Approval from the SBA

Of the total $68,200 loan amount, the SBA guaranteed $57,970.

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. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

We can help you find the best banks for small businesses in Ewing or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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SBA 7A Banks for Ewing, Nebraska Loans

Where to Get an SBA Loan Nebraska