Borrow Money to Buy a H & R Block Franchise

Need a loan to buy a H & R Block franchise? Platte Valley National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Mitchell, Nebraska needed money to invest in a H & R Block franchise back in 2007. Platte Valley National Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

KEENER CHOICE INC
MITCHELL, NE 69354

SBA Loan Lender

PLATTE VALLEY NATIONAL BANK
2201 MAIN ST
TORRINGTON, WY 82240

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541213 - Tax Preparation Services

Loan Approval Date

8/24/2007

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a H & R Block franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Platte Valley National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

H&R Block

SBIR Funding

Small Business Banks in Torrington, Wyoming

Wyoming SBA 7A Lenders