Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, is increasing its staff capacity to provide Small Business Administration (SBA) loans in 2025 and beyond. As a preferred SBA Lender, Plumas Bank has built an SBA program that has helped hundreds of entrepreneurs across seven western states access capital for business acquisitions, expansions, equipment and real … [Read more...] about Plumas Bank Forecasts Increased SBA Loan Activity Throughout 2025 and Beyond
SBA
From Nails to Noodles: An SBA 504 Loan Powered a Dual Business Venture
Jay D., owner and CEO of MJ Nails and Lashes, has leveraged the Small Business Administration’s (SBA) 504 program to expand his entrepreneurial vision. With four thriving beauty salons in the Las Vegas Valley, Jay D. recently acquired a 5,884-square-foot property at 3572 St. Rose Parkway in Henderson, Nevada. This strategic acquisition made possible by the SBA 504 loan’s low … [Read more...] about From Nails to Noodles: An SBA 504 Loan Powered a Dual Business Venture
Clark County Credit Union Helps Small Businesses with SBA 504 Loans
[LAS VEGAS, Nev.] – November 12, 2024 – Clark County Credit Union (CCCU) is proud to announce it is one of Nevada's top financial institutions for Small Business Administration (SBA) 504 loans, completing seven loans totaling $4.79 million in 2024. This accomplishment positions CCCU as the leading credit union in the state for SBA 504 loan volume and secures a top three spot … [Read more...] about Clark County Credit Union Helps Small Businesses with SBA 504 Loans
TMC Financing Ranked as Nevada’s No. 1 SBA 504 Lender
Securing $134 Million for Nevada Small Businesses, a 22% Increase for FY24 TMC Financing continues to solidify its position as Nevada’s top SBA 504 lender in total dollars approved, facilitating $134 million in total project financing during fiscal year 2024. These results indicate a 22% increase over the previous year, supporting 36 Nevada small businesses in their efforts … [Read more...] about TMC Financing Ranked as Nevada’s No. 1 SBA 504 Lender
Knowing WorthBusiness Valuation in Nevada
Even as the economy was cooling off coming out of the winter and stung by the effects of the spread of coronavirus, businesses are selling at record paces in Nevada. In northern Nevada, The Liberty Group is coming off its best year ever, owner and broker Brad Bottoset said. The great year in 2019 was coming off two prior years that had also set records and Bottoset felt more … [Read more...] about Knowing Worth
Banking on Nevada: Stronger + in Recovery Mode
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s … [Read more...] about Banking on Nevada: Stronger + in Recovery Mode
US Small Business Administration Presents Entrepreneurial Spirit Award to NCET’s Dave Archer
RENO, Nev. — The Nevada District office of the US Small Business Administration (SBA) has selected NCET’s Dave Archer as the 2015 recipient of the Entrepreneurial Spirit Award. This award is presented to the person who “has shown initiative, collaboration and leadership in fostering the development of small businesses in Nevada in the areas of education, financing, mentoring … [Read more...] about US Small Business Administration Presents Entrepreneurial Spirit Award to NCET’s Dave Archer
April 2014: Around the State
Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The industry is boosted in the Silver State because of … [Read more...] about April 2014: Around the State
Nevada’s Diverse Businesses: Minority-Owned Companies Thrive in the Silver State
The year is 2012 and it feels strange and a little uncomfortable to be considering minority-owned businesses. Twelve years into the 21st century, it seems there should no longer be a designation for minority-owned business – business should be business and everyone should be working together through the slowly recovering economy. Which is pretty much the case once a business … [Read more...] about Nevada’s Diverse Businesses: Minority-Owned Companies Thrive in the Silver State