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May 2, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Las Vegas, Business Loans > Community Bank Of Nevada Las Vegas Business Loans > Furniture Wholesalers Loan | ||||
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How Do We Get a Business Loan in Las Vegas, Nevada?
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Raising Money for Furniture WholesalersLooking for bank loans for furniture wholesalers? An SBA loan may be just what you've been looking for. This $500,000 furniture wholesalers loan was issued by a Nevada bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community Bank Of Nevada, out of Las Vegas, Nevada. The loan was granted and they received $500,000 to help grow their Las Vegas, Nevada business. SBA Loan Borrower COMPANY TYPE: FURNITURE WHOLESALERS SBA Loan Lender COMMUNITY BANK OF NEVADA This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421210 - Furniture Wholesalers Loan Approval Date 6/3/2002 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank Of Nevada so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Good Banks for Small Business in Las Vegas, Nevada
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