Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Nevada

 

 
Loan Census SBA Loan Info

Entrepreneur Works With North Las Vegas, Nevada Bank to Get an SBA Loan

Get to know North Las Vegas, Nevada banks that specialize in small business loans and know how to work with entrepreneurs. 1st Commerce Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Henderson, Nevada starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from 1st Commerce Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
HENDERSON, NV 89015

SBA Loan Lender

1ST COMMERCE BANK
5135 CAMINO AL NORTE, STE 250
NORTH LAS VEGAS, NV 89031

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

722211 - Limited-Service Restaurants

Loan Approval Date

6/28/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Henderson NV, you ought to talk with a local Henderson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Henderson businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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Best North Las Vegas, Nevada Banks for Small Business

Find an SBA Lender in Nevada