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May 18, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > North Platte, Business Loans > Nebraskaland National Bank North Platte Business Loans > Carwashes Loan | ||||
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Business Loans for North Platte Entrepreneurs
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SBA Loans for Car WashesWith these SBA loans for car washes, the SBA guarantees the lender that the loan will be repaid. This car washes loan for $272,000 was given to a Nebraska entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Platte, Nebraska was able to borrow $272,000 from Nebraskaland National Bank. The SBA made the loan possible by guaranteeing $204,000 of this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: CARWASHES SBA Loan Lender NEBRASKALAND NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 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. SIC Code 7542 - Carwashes NAICS Code 811192 - Car Washes Loan Approval Date 8/24/2005 Loan Approval Gross Amount $272,000 Loan Approval from the SBA Of the total $272,000 loan amount, the SBA guaranteed $204,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source This SBA loan was for $272,000. How would you spend $272,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Banking Deregulation's Effects on Entrepreneurship Who Lends Money to Small Businesses in North Platte, Nebraska
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