Full-Service Restaurants Commercial Loans

Looking for commercial loans for full-service restaurants? The SBA may be the answer. This $21,000 full-service restaurants loan was issued by a Nebraska bank.

This business knew how to go about getting a business bank loan. Based in Fort Calhoun, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First National Bank Of Omaha, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
FORT CALHOUN, NE 68023

SBA Loan Lender

FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197

This lender issued this bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/28/2003

Loan Approval Gross Amount

$21,000

Loan Approval from the SBA

Of the total $21,000 loan amount, the SBA guaranteed $17,850.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $21,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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 Decide How Much to Raise

Best Banks in Omaha, Nebraska

Where to Get an SBA Loan Nebraska