Omaha, NE Entrepreneur Gets SBA Loan to Buy Comfort Keepers Franchise
Need money to purchase a Comfort Keepers franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Comfort Keepers franchise is doable. In 2004, First National Bank Of Omaha issued an SBA franchise loan to an entrepreneur in Omaha, Nebraska. Because Comfort Keepers was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.
SBA Loan Borrower
COMFORT KEEPERS
OMAHA, NE 68106
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
The lender provided this 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
624120 - Services for the Elderly and Persons with Disabilities
Loan Approval Date
3/17/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Comfort Keepers franchise. At the time of the loan, the company
had 40 employees. This SBA loan request indicated that the loan would help generate 86 new jobs and retain 40 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank Of Omaha 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:
Comfort Keepers
Dealing With Venture Capitalists
SBA Approved Banks in Omaha, Nebraska
SBA Nebraska Banks