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April 27, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Las Vegas, Business Loans > First Savings Bank Las Vegas Business Loans > Toy And Hobby Goods And Supplies Wholesalers Loan | ||||
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Nevada Bank SBA Loans
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Las Vegas, Nevada Bank Gives SBA Loan to Toy And Hobby Goods And Supplies Wholesalers CompanyA Las Vegas, Nevada SBA loan can be yours. Learn how one firm got a $50,000 business loan from this Nevada bank. This loan to a local firm is a good example of an SBA loan. First Savings Bank made the loan and the SBA guaranteed a portion of the loan. Many other Nevada entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES WHOLESALERS SBA Loan Lender FIRST SAVINGS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421920 - Toy and Hobby Goods and Supplies Wholesalers Loan Approval Date 12/5/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Accountant's Role in Securing Financing Who Lends Money to Small Businesses in Las Vegas, Nevada
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