First National Bank Of Omaha Gives SBA Loan to Beauty Shops Company

Bank loans in Nebraska are are few and far betweeen these days. We take a look at one Nebraska bank loan, provided by a Nebraska bank, that was approved by the SBA.

Getting a small business loan in Lincoln, Nebraska was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Omaha. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
LINCOLN, NE 68508

SBA Loan Lender

FIRST NATIONAL BANK OF OMAHA
134 S 13TH ST, STE 100
LINCOLN, NE 68508

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

2/27/2004

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $40,000. How would you spend $40,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Small Business Loan

Banks in Lincoln, Nebraska

Nebraska SBA 7A Lenders