Loan Census Banking News and Information
November 21, 2024  
 
 
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Bank Of Nebraska Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Nebraska Entrepreneur Secures Financing to Buy Cici's Pizza Franchise

Need money to invest in a Cici's Pizza franchise? Bank Of Nebraska has a history of making these loans and they are guaranteed by the SBA.

If you live near Omaha, Nebraska and are interested in buying a Cici's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Bank Of Nebraska. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CICI'S PIZZA
OMAHA, NE 68144

SBA Loan Lender

BANK OF NEBRASKA
2710 S 140TH ST
OMAHA, NE 68144

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 loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/5/2004

Loan Approval Gross Amount

$420,238

Loan Approval from the SBA

Of the total $420,238 loan amount, the SBA guaranteed $315,178.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours 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:

CiCi's Pizza

Attracting Investors

SBA 7A Banks in Omaha, Nebraska

SBA Participating Banks in Nebraska