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April 29, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Las Vegas, Business Loans > Red Rock Community Bank Las Vegas Business Loans > Lawyers Loan | ||||
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Getting an SBA Loan in Las Vegas, Nevada
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Nevada Bank Loan Issued to Lawyers CompanyWant a Nevada business loan? This Nevada entrepreneur got a business loan, provided by a Nevada bank that works with the SBA to help small business owners. This small business, based in Las Vegas, Nevada, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Red Rock Community Bank. We've got the inside scoop on this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender RED ROCK COMMUNITY BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 541110 - Lawyers Loan Approval Date 10/9/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 6 employees. This SBA loan request indicated that the funding would help generate 6 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a business in Las Vegas NV, you ought to talk with a local Las Vegas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Las Vegas businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Red Rock Community Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Best Banks for Small Business in Las Vegas, Nevada
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