Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Nebraska Bank SBA Loans

 

 
Loan Census SBA Loan Info

American National Bank SBA Loan to Office Equipment Company

Looking to get a Nebraska small business loan? Here's one Nebraska business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Falls City, Nebraska, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was American National Bank, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: OFFICE EQUIPMENT
FALLS CITY, NE 68355

SBA Loan Lender

AMERICAN NATIONAL BANK
8990 W DODGE RD
OMAHA, NE 68114

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5044 - Office Equipment

Loan Approval Date

4/5/2000

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help create 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Investor Turnoffs

SBA 7A Banks for Omaha, Nebraska Loans

Nebraska SBA 7A Banks