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April 29, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Omaha, Business Loans > Bank Of The West Omaha Business Loans > Vending Machine Operators Loan | ||||
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NE Business Loans from Bank Of The West
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SBA Loan from Bank Of The West Helps Vending Machine Operators CompanyBank Of The West has a track record as a leading provider of SBA loans. Find out how this Nebraska entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Plainview, Nebraska, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Bank Of The West, based in Omaha, Nebraska. SBA Loan Borrower COMPANY TYPE: VENDING MACHINE OPERATORS SBA Loan Lender BANK OF THE WEST This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454210 - Vending Machine Operators Loan Approval Date 8/20/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 7 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of The West are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Small Bank Loans in Omaha, Nebraska Getting an SBA Loan in Nebraska
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