SBA Loan from First National Bank Of Omaha Helps Electrical Appliance, Television, And Radio Set Wholesalers Company
First National Bank Of Omaha is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Nebraska entrepreneur who tapped into the power of SBA loans.
Getting a small business loan in Lincoln, Nebraska was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Omaha, operating out of Omaha, Nebraska. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: ELECTRICAL APPLIANCE, TELEVISION, AND RADIO SET WHOLESALERS
LINCOLN, NE 68516
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
421620 - Electrical Appliance, Television, and Radio Set Wholesalers
Loan Approval Date
12/20/2002
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $62,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small 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.
While you may be able to find business people willing to loan money, 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.
Related Links:
Small Business Credit Cards
Small Bank Loans in Omaha, Nebraska
Nebraska SBA Bank Lenders