Loan to Buy Comfort Keepers Franchise Issued By Tierone Bank

Need a loan to buy a Comfort Keepers franchise? Tierone Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lincoln, Nebraska needed money to invest in a Comfort Keepers franchise back in 2005. Tierone Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMFORT KEEPERS
LINCOLN, NE 68510

SBA Loan Lender

TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

7/12/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Comfort Keepers franchise. At the time of the loan, the company had 32 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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