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May 6, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Omaha, Business Loans > American National Bank Omaha Business Loans > Electromedical And Electrotherapeutic Apparatus Loan | ||||
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Omaha SBA Lenders
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Omaha, Nebraska Bank Lends Money to Electromedical And Electrotherapeutic Apparatus Company in Omaha, NebraskaFind Omaha, Nebraska banks that specialize in SBA loans and know how to work with entrepreneurs. American National Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Omaha, Nebraska starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from American National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: ELECTROMEDICAL AND ELECTROTHERAPEUTIC APPARATUS SBA Loan Lender AMERICAN NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3845 - Electromedical and Electrotherapeutic Apparatus NAICS Code 334517 - Irradiation Apparatus Manufacturing Loan Approval Date 5/13/2002 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $562,500. 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 20 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $750,000 loan. Remember, where there is a will, there is a way! 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: Dealing With Venture Capitalists
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