Loan Census Banking News and Information
May 12, 2024  
 
 
  Business Loan Information  
 

Nebraska Bank SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loan from Heritage Bank Helps Unsupported Plastics Profile Shapes Manufacturing Company

An SBA loan from Heritage Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hastings, Nebraska business owner got a $65,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hastings, Nebraska was able to borrow $65,000 from Heritage Bank. The SBA made the loan possible by guaranteeing $32,500 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES MANUFACTURING
HASTINGS, NE 68901

SBA Loan Lender

HERITAGE BANK
800 W 3RD ST
HASTINGS, NE 68901

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

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

NAICS Code

326121 - Unsupported Plastics Profile Shapes Manufacturing

Loan Approval Date

12/5/2005

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Hastings NE, you ought to talk with a local Hastings SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hastings businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Heritage Bank and they will explain how you can get an SBA loan for your company.

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:

Realistic Debt Financing Options

Banks in Hastings, Nebraska

SBA Lenders in Nebraska