Liberty Bank, Fsb Provides SBA Loan to Buy Nu-Ventures Franchise

Need money to invest in a Nu-Ventures franchise? Liberty Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Nu-Ventures franchise is doable. In 2003, Liberty Bank, Fsb issued an SBA franchise loan to an entrepreneur in La Vista, Nebraska. Because Nu-Ventures was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.

SBA Loan Borrower

SAMUEL MANCINO'S ITALIAN EATER
LA VISTA, NE 68128

SBA Loan Lender

LIBERTY BANK, FSB
6139 ASHWORTH RD
WEST DES MOINES, IA 50266

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/31/2003

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $46,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nu-Ventures franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Borrowing Money from Friends and Family

SBA 7A Banks in West Des Moines, Iowa

SBA Iowa Lenders