Columbus, NE Entrepreneur Gets SBA Loan to Buy One-Hour Martinizing Franchise

Need a loan to buy an One-Hour Martinizing franchise? Pinnacle Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an One-Hour Martinizing franchise? If so, here's a 2006 SBA franchise loan that you should know about. Pinnacle Bank was the lender and the entrepreneur was based in Columbus, Nebraska.

SBA Loan Borrower

MARTINIZING DRY CLEANERS
COLUMBUS, NE 68601

SBA Loan Lender

PINNACLE BANK
1401 'N' ST
LINCOLN, NE 68508

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

8/28/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $8,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an One-Hour Martinizing franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the funding would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Columbus or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 - How to Borrow Money

Best Banks in Lincoln, Nebraska

Getting an SBA Loan in Nebraska