SBA Loan from American National Bank Helps Child Day Care Services Company
An SBA loan from American National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Omaha, Nebraska business owner got a $190,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Omaha, Nebraska, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was American National Bank, based in Omaha, Nebraska.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
OMAHA, NE 68130
SBA Loan Lender
AMERICAN NATIONAL BANK
8990 W DODGE RD
OMAHA, NE 68114
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
5/11/2004
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help generate 26 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Omaha NE, you ought to talk with a local Omaha SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Omaha businesses.
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:
Angel Investors
SBA 7A Banks in Omaha, Nebraska
SBA Nebraska Lenders