Meat Processed from Carcasses Business Loans

Looking for business loans for meat processed from carcasses? An SBA loan may be just what you've been looking for. This $55,300 meat processed from carcasses loan was issued by a Nebraska bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with The Hershey State Bank, out of Hershey, Nebraska. The loan was granted and they received $55,300 to help grow their Hershey, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: MEAT PROCESSED FROM CARCASSES
HERSHEY, NE 69143

SBA Loan Lender

THE HERSHEY STATE BANK
100 S LINCOLN
HERSHEY, NE 69143

This SBA small business 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

311612 - Meat Processed from Carcasses

Loan Approval Date

8/27/2007

Loan Approval Gross Amount

$55,300

Loan Approval from the SBA

Of the total $55,300 loan amount, the SBA guaranteed $27,650.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 indicated that the loan would help retain 2 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Hershey State Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Dealing With Venture Capitalists

Best Banks for Small Business in Hershey, Nebraska

Nebraska SBA Banks