Nebraska Entrepreneur Secures Financing to Buy Frozen Ropes Northshore Franchise

Borrowing money to invest in a Frozen Ropes Northshore franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Frozen Ropes Northshore franchise? If so, here's a 2007 SBA franchise loan that you should know about. First National Bank Of Omaha was the lender and the entrepreneur was based in Gretna, Nebraska.

SBA Loan Borrower

FROZEN ROPES NEBRASKA
GRETNA, NE 68028

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

12/7/2007

Loan Approval Gross Amount

$231,800

Loan Approval from the SBA

Of the total $231,800 loan amount, the SBA guaranteed $173,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Frozen Ropes Northshore franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank Of Omaha are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Frozen Ropes Training Centers

Obtaining Funding - How to Decide How Much to Raise

Who Lends Money to Small Businesses in Omaha, Nebraska

SBA Nebraska Lenders