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December 22, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Lincoln, Business Loans > Cornhusker Bank Lincoln Business Loans > Fastframes Of Lincoln Loan | ||||
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How Can I Buy a Franchise in Lincoln, Nebraska?
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Lincoln, NE Entrepreneur Gets SBA Loan to Buy Fast Frame FranchiseBorrowing money to buy a Fast Frame franchise? Cornhusker 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 Fast Frame franchise back in 2007. Cornhusker Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan. SBA Loan Borrower FASTFRAMES OF LINCOLN SBA Loan Lender CORNHUSKER BANK This lender processed this bank 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 453998 - Store Retailers Loan Approval Date 4/30/2007 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, you control your own destiny. 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 Banks in Lincoln, Nebraska Where to Get an SBA Loan Nebraska
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