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November 21, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > 1st Hospitality LLC D/b/a Days Inn Loan | ||||
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SBA Lenders for Alliance, Nebraska Small Business Owners
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Unity Bank Provides SBA Loan to Buy Days Inn FranchiseNeed a loan to invest in a Days Inn franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Alliance, Nebraska needed money to invest in a Days Inn franchise back in 2006. Unity Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan. SBA Loan Borrower 1ST HOSPITALITY LLC D/B/A DAYS INN SBA Loan Lender UNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 9/26/2006 Loan Approval Gross Amount $1,488,000 Loan Approval from the SBA Of the total $1,488,000 loan amount, the SBA guaranteed $1,116,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Next Steps for Getting an SBA Loan Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Obtaining Funding - Getting Venture Capital Best Clinton, New Jersey Banks for Small Business
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