Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Requirements for Borrowing Money to Buy a Franchise

 

 
Loan Census SBA Loan Info

Lincoln, NE Entrepreneur Gets SBA Loan to Buy Interim Services Franchise

Need a loan to invest in an Interim Services franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Interim Services franchise? If so, here's a 2002 SBA franchise loan that you should know about. First National Bank Of Omaha was the lender and the entrepreneur was based in Lincoln, Nebraska.

SBA Loan Borrower

INTERIM HEALTHCARE OF LINCOLN
LINCOLN, NE 68516

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. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

10/4/2002

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 an existing business. This loan was used to buy an Interim Services franchise. At the time of the loan, the company had 225 employees. The loan application indicated that the loan would help retain 225 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a 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 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.

Related Links:

Obtaining Funding - How to Borrow Money

SBA 7A Lenders in Omaha, Nebraska

SBA Lenders in Nebraska