Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Nevada Small Business SBA Loans

 

 
Loan Census SBA Loan Info

Nevada Bank Loan Issued to Services For The Elderly And Persons With Disabilities Company

Want a Nevada SBA loan? This Nevada entrepreneur got an SBA loan, provided by a Nevada bank that works with the SBA to help small business owners.

Getting a small business loan in Las Vegas, Nevada was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Nevada. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES FOR THE ELDERLY AND PERSONS WITH DISABILITIES
LAS VEGAS, NV 89107

SBA Loan Lender

BANK OF NEVADA
2700 W SAHARA AVE
LAS VEGAS, NV 89102

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624120 - Services for the Elderly and Persons with Disabilities

Loan Approval Date

10/7/2003

Loan Approval Gross Amount

$210,000

Loan Approval from the SBA

Of the total $210,000 loan amount, the SBA guaranteed $157,500.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business 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?

If you need business start up money 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $210,000 loan. Remember, if it to be, it is up to me!

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:

Realistic Debt Financing Options

Best Las Vegas, Nevada Banks for Small Business

Nevada SBA Banks