Nebraskaland National Bank Provides SBA Loan to Buy Century 21 Franchise

Borrowing money to buy a Century 21 franchise? Nebraskaland National Bank has a history of making these loans and they are guaranteed by the SBA.

Century 21 franchise loans are available to North Platte, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nebraskaland National Bank, based in North Platte, Nebraska, issued an SBA franchise loan for a Century 21 franchise in 2003. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

CENTURY 21 SELECT PROPERTIES
NORTH PLATTE, NE 69101

SBA Loan Lender

NEBRASKALAND NATIONAL BANK
121 N DEWEY
NORTH PLATTE, NE 69101

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.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/12/2003

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Century 21 franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

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:

Century 21 Real Estate Corporation

Bank Credit Lines

SBA 7A Banks for North Platte, Nebraska Loans

Nebraska SBA 7A Banks