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May 15, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Kearney, Business Loans > Platte Valley St. Bank & Trust Kearney Business Loans > Eating Places Loan | ||||
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SBA Lenders Nebraska
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Kearney, Nebraska Bank Lends Money to Eating Places Company in Kearney, NebraskaWant to talk with a Kearney, Nebraska bank about a business loan? Here's one Nebraska business loan, issued by a Kearney bank, that was approved by the SBA. Applying for an SBA loan with Platte Valley St. Bank & Trust worked out well for our friends at one local company in Kearney, Nebraska. They got an SBA loan for $50,000. Sweet! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender PLATTE VALLEY ST. BANK & TRUST This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 5/24/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $37,500. 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 40 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. 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. We can help you find the best banks for small businesses in Kearney 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: SBA 7A Lenders in Kearney, Nebraska
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