 |
 |
May 17, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Omaha, Business Loans > First National Bank Of Omaha Omaha Business Loans > Electrical Contractors And Wiring Installation Contractors Loan | ||||
 |
||||
Raising Money in Omaha, Nebraska With SBA Loans
|
||||
 |
Electrical Contractors and Wiring Installation Contractors SBA LoansLooking for SBA loans for electrical contractors and wiring installation contractors? An SBA loan may be just what you've been looking for. This $40,300 electrical contractors and wiring installation contractors loan was issued by a Nebraska bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Omaha, Nebraska was able to borrow $40,300 from First National Bank Of Omaha. The SBA made the loan possible by guaranteeing $34,255 of this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CONTRACTORS SBA Loan Lender FIRST NATIONAL BANK OF OMAHA This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238210 - Electrical Contractors and Wiring Installation Contractors Loan Approval Date 5/21/2003 Loan Approval Gross Amount $40,300 Loan Approval from the SBA Of the total $40,300 loan amount, the SBA guaranteed $34,255. 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. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: Obtaining Funding From a Venture Capitalist Best Omaha, Nebraska Banks for Small Business
|
|
||
|
||||
|
|
||||