Borrow Money to Buy an Interim Services Franchise
Need money to buy an Interim Services franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Lincoln, Nebraska needed money to invest in an Interim Services franchise back in 2001. First National Bank Of Omaha issued an SBA franchise loan. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
INTERIM HEALTHCARE OF LINCOLN
LINCOLN, NE 68506
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7363 - Help Supply Services
NAICS Code
561320 - Temporary Help Services
Loan Approval Date
7/16/2001
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Interim Services franchise. At the time of the loan, the company
had 200 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First National Bank Of Omaha and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Business Line of Credit
Best Omaha, Nebraska Banks for Small Business
SBA Lenders in Nebraska