Adams Bank & Trust Provides SBA Loan to Buy Valentino's italian Restaurant Franchise

Need money to buy a Valentino's italian Restaurant franchise? Adams Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near North Platte, Nebraska and are interested in buying a Valentino's italian Restaurant franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Adams Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

KEATAKAM INCORPORATED
NORTH PLATTE, NE 69101

SBA Loan Lender

ADAMS BANK & TRUST
315 N SPRUCE ST
OGALLALA, NE 69153

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

722211 - Limited-Service Restaurants

Loan Approval Date

3/17/2006

Loan Approval Gross Amount

$221,000

Loan Approval from the SBA

Of the total $221,000 loan amount, the SBA guaranteed $110,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Valentino's italian Restaurant franchise. At the time of the loan, the company had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Advice on Getting a Small Business Loan

SBA Banks in Ogallala, Nebraska

SBA Participating Banks in Nebraska