Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Lincoln, Nebraska and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Landscape Architectural Services

With these commercial loans for landscape architectural services, the SBA guarantees the lender that the loan will be repaid. This landscape architectural services loan for $200,000 was given to a Nebraska entrepreneur in 2000.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of Omaha, Nebraska. The loan was granted and they received $200,000 to help grow their Lincoln, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
LINCOLN, NE 68510

SBA Loan Lender

WELLS FARGO BANK
1919 DOUGLAS ST
OMAHA, NE 68102

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.

SIC Code

0781 - Landscape Counseling and Planning

NAICS Code

541320 - Landscape Architectural Services

Loan Approval Date

7/14/2000

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 13 existing jobs.

Getting an SBA Loan For Your 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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wells Fargo Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wells Fargo Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

504 Loans

SBA Banks in Omaha, Nebraska

Browse All Business Loan Sources for Nebraska