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May 17, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Lincoln, Business Loans > Union Bank And Trust Company Lincoln Business Loans > Advertising Agencies Loan | ||||
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Union Bank And Trust Company Lincoln
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Lincoln, Nebraska Business Gets SBA-Guaranteed Funding from Union Bank And Trust CompanyUnion Bank And Trust Company has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Lincoln, Nebraska, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Union Bank And Trust Company, based in Lincoln, Nebraska. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender UNION BANK AND TRUST COMPANY This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541810 - Advertising Agencies Loan Approval Date 4/8/2003 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. More Information on This SBA Loan The borrower borrowed this money for an existing 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 16 employees. The SBA loan documents indicated that the loan would help retain 16 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union Bank And Trust Company and they will explain how you can get an SBA loan for your company. 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: Raising VC Money for Social Networking Companies Where to Get an SBA Loan in Lincoln, Nebraska
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