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May 18, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Wallace, Business Loans > Farmers State Bank Wallace Business Loans > Home And Garden Equipment Repair And Maintenance Loan | ||||
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Wallace, Nebraska Bank for SBA Loans
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Wallace, Nebraska Bank Lends Money to Home And Garden Equipment Repair And Maintenance Company in North Platte, NebraskaA Wallace, Nebraska SBA loan can be yours. Learn how a company got a $48,000 business loan from this Nebraska bank. This loan to an entrepreneur is a good example of an SBA loan. Farmers State Bank made the loan and the SBA guaranteed a portion of the loan. Many other Nebraska 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: HOME AND GARDEN EQUIPMENT REPAIR AND MAINTENANCE SBA Loan Lender FARMERS STATE 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 811411 - Home and Garden Equipment Repair and Maintenance Loan Approval Date 8/5/2005 Loan Approval Gross Amount $48,000 Loan Approval from the SBA Of the total $48,000 loan amount, the SBA guaranteed $40,800. 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 only one employee. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in North Platte or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Wallace, Nebraska Getting an SBA Loan in Nebraska
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