At a glance
From its website, read 2 Nov 2026Nebraska Enterprise Fund is a loan fund based in Oakland, Nebraska. Its website describes small-business loans. Where it lends: Nebraska and Southwest Iowa. The business loan rate it states is 2%. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (402) 685-5500 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.nebbiz.org |
| Office (official list) | 330 N. Oakland Ave., Oakland, NE 68045 |
What their website says about applying
Documentation includes: W-9 and business registration Tax records (including income tax where applicable) Use of funds plan
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Small-business loans | Rate: 2% | 2% Loan (Recover): Up to $100,000 (PHASE 3) | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Training or counseling required
All applicants are required to: Complete a 360° business assessment Attend at least 3 support sessions
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Sep 2013 |
| RSSD ID | — (none listed) |
| Address | 330 N. Oakland Ave., Oakland, NE 68045 Directions (Google Maps) |
| Website | www.nebbiz.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. The only lending program described is the Streetcar Business Impact Fund, which is limited and may be waitlisted; general loan products were not detailed. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Small-business loans | — | grants and low-interest, partially or fully forgivable loans | source |
Service area
Nebraska and Southwest Iowa
NEF provides flexible lending products to businesses and programs across Nebraska and Southwest Iowa
source
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Submit an Application
source
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$9.1 million in 12 awards from the U.S. Treasury's CDFI Fund, 1997–2022 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Equitable Recovery Program | $2,230,955 |
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2021 | CDFI Rapid Response Program | $1,657,000 |
| 2020 | CDFI Program, Financial Assistance | $557,000 |
| 2017 | CDFI Program, Financial Assistance | $776,500 |
| 2016 | CDFI Program, Financial Assistance | $900,000 |
| 2012 | CDFI Program, Financial Assistance | $571,806 |
| 2011 | CDFI Program, Technical Assistance | $77,808 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2008 | CDFI Program, Financial Assistance | $590,785 |
| 2004 | CDFI Program, Technical Assistance | $49,627 |
| 1997 | CDFI Program, Financial Assistance | $350,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Jun 2023| Total assets | $19.5M |
|---|---|
| Total liabilities | $8.5M |
| Net assets | $11.1M |
| Total revenue | $4.5M |
| Notes and loans receivable, net (Part X line 7) | $8.8M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending June 2023 (tax year 2022; EIN 31-1543695, filed as “NEBRASKA ENTERPRISE FUND”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Jun 2021 (990) | $28.3M | $8M | $6.2M | $22.2M |
| Jun 2022 (990) | $18.3M | $10.4M | $5.3M | $7.3M |
| Jun 2023 (990) | $19.5M | $11.1M | $4.5M | $8.8M |
Total assets fell 31% from Jun 2021 to Jun 2023; notes and loans receivable fell 61%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $19.5M | Larger than 62% of the 8 other certified loan funds and venture funds in Nebraska with a matched Form 990 (median $12.4M). |
| Business loan rate its website stated (2 Nov 2026) | 2.00% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 5 pts below prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in Nebraska | 8 | larger than 62% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 2 SBA-backed approvals for Nebraska Enterprise Fund in fiscal years 2020–2026 (October 2019 to September 2026):
- 2 7(a) loans as the lender
By fiscal year: FY2020 1 · FY2021 1 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 0.
By program
- 7(a) Community Advantage (2, 100%)
How this lender was matched in the SBA files: SBA lender ID 0505546: same name, state and city (SBA lists “Nebraska Enterprise Fund”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Nebraska Enterprise Fund may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Oakland and Nebraska
- Community Development ResourcesLoan fund · Lincoln, NEMicroloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Economic Empowerment CenterLoan fund · Omaha, NEAuto / vehicle loans, Microloans, Personal / consumer loans, Small-business loansVerified
- Ho-Chunk Community Capital Inc.Loan fund · Winnebago, NE · Native CDFISmall-business loansVerified
- Midwest Housing Development Fund, Inc.Loan fund · Omaha, NEAffordable housing development loansVerified
- Native360 Loan Fund, Inc.Loan fund · Grand Island, NE · Native CDFIMicroloans, Small-business loansVerified
- OMAHA 100, INCLoan fund · Omaha, NEAuto / vehicle loans, Microloans, Home mortgages, Personal / consumer loans…Verified
Work at Nebraska Enterprise Fund? Link to this page
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CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.