Cornhusker Bank Provides SBA Loan to Buy Budget Blinds Franchise

Need money to purchase a Budget Blinds franchise? Cornhusker Bank has a history of making these loans and they are guaranteed by the SBA.

Budget Blinds franchise loans are available to Lincoln, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cornhusker Bank, based in Lincoln, Nebraska, issued an SBA franchise loan for a Budget Blinds franchise in 2003. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

BUDGET BLINDS OF NEBRASKA INC.
LINCOLN, NE 68502

SBA Loan Lender

CORNHUSKER BANK
5555 SOUTH ST
LINCOLN, NE 68506

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421220 - Home Furnishing Wholesalers

Loan Approval Date

1/7/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Budget Blinds franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Lincoln NE, you ought to talk with a local Lincoln SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lincoln businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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