Business Loans for Radio, Television, and Electronics Stores

Looking for business loans for radio, television, and electronics stores? Talk to a banker who works with the SBA. This $74,200 radio, television, and electronics stores loan was issued by a Nebraska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Valentine, Nebraska was able to borrow $74,200 from Bank Of The West. The SBA made the loan possible by guaranteeing $59,360 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
VALENTINE, NE 69201

SBA Loan Lender

BANK OF THE WEST
402 MAIN ST
VALENTINE, NE 69201

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.

SIC Code

7379 - Computer Related Services

NAICS Code

443112 - Radio, Television, and Electronics Stores

Loan Approval Date

10/30/2000

Loan Approval Gross Amount

$74,200

Loan Approval from the SBA

Of the total $74,200 loan amount, the SBA guaranteed $59,360.

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 2 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $74,200. How would you spend $74,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Banking Deregulation's Effects on Entrepreneurship

Small Business Banks in Valentine, Nebraska

SBA Lenders in Nebraska