 |
 |
May 12, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Nebraska Business Loan Sources > York, Business Loans > Cornerstone Bank York Business Loans > Structural Steel And Precast Concrete Contractors Loan | ||||
 |
||||
Advice for Small Business Owners On Getting a Loan
|
||||
 |
Business Loans for Structural Steel and Precast Concrete ContractorsLooking for business loans for structural steel and precast concrete contractors? The SBA may be the answer. This $108,000 structural steel and precast concrete contractors loan was issued by a Nebraska bank. Getting a small business loan in Waco, Nebraska was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Cornerstone Bank, operating out of York, Nebraska. Here are the details on this Nebraska small business loan. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL AND PRECAST CONCRETE CONTRACTORS SBA Loan Lender CORNERSTONE BANK 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. NAICS Code 238120 - Structural Steel and Precast Concrete Contractors Loan Approval Date 7/27/2005 Loan Approval Gross Amount $108,000 Loan Approval from the SBA Of the total $108,000 loan amount, the SBA guaranteed $91,800. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best York, Nebraska Banks for Small Business
|
|
||
|
||||
|
|
||||