Entrepreneur Works With Omaha, Nebraska Bank to Get an SBA Loan
Want to talk with an Omaha, Nebraska bank about a small business loan? Here's one Nebraska business loan, issued by an Omaha bank, that was approved by the SBA.
Applying for an SBA loan with Mutual Of Omaha Bank worked out well for our friends at one local company in Omaha, Nebraska. They got an SBA loan for $89,400. Way to go!
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
OMAHA, NE 68104
SBA Loan Lender
MUTUAL OF OMAHA BANK
3211 N 90TH ST
OMAHA, NE 68134
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
624410 - Child Day Care Services
Loan Approval Date
9/27/2004
Loan Approval Gross Amount
$89,400
Loan Approval from the SBA
Of the total $89,400 loan amount, the SBA guaranteed $75,990.
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 20 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Omaha or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Approved Banks in Omaha, Nebraska
SBA Nebraska Banks