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April 30, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Bennington, Business Loans > Bank Of Bennington Bennington Business Loans > Lawn And Garden Equipment Loan | ||||
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SBA Lender Bennington, Nebraska
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Entrepreneur Works With Bennington, Nebraska Bank to Get an SBA LoanA Bennington, Nebraska small business loan can be yours. Learn how a business got a $2,000,000 business loan from this Nebraska bank. This loan to an entrepreneur is a good example of an SBA loan. Bank Of Bennington 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: LAWN AND GARDEN EQUIPMENT SBA Loan Lender BANK OF BENNINGTON SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3524 - Lawn and Garden Equipment NAICS Code 333112 - Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing Loan Approval Date 1/12/2007 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. 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 20 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Bennington and they will explain how you can get an SBA loan for your company. 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 Best Banks for Small Business in Bennington, Nebraska
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