Loan to Buy Abc Seamless Franchise Issued By The Hershey State Bank

Need money to invest in an Abc Seamless franchise? The Hershey State Bank has a history of making these loans and they are guaranteed by the SBA.

Abc Seamless franchise loans are available to North Platte, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Hershey State Bank, based in Hershey, Nebraska, issued an SBA franchise loan for an Abc Seamless franchise in 2000. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

ABC SEAMLESS SIDING OF WEST CE
NORTH PLATTE, NE 69103

SBA Loan Lender

THE HERSHEY STATE BANK
100 S LINCOLN
HERSHEY, NE 69143

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1761 - Roofing, Siding, and Sheet Metal Work

NAICS Code

235610 - Roofing, Siding, and Sheet Metal Contractors

Loan Approval Date

3/7/2000

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $71,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Abc Seamless franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

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 $95,000 loan. Remember, if it to be, it is up to me!

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:

The Art of Bootstrapping

SBA 7A Banks for Hershey, Nebraska Loans

Nebraska SBA 7A Lenders