Nebraska Entrepreneur Secures Financing to Buy Massage Envy Franchise
Need money to invest in a Massage Envy franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Omaha, Nebraska needed money to invest in a Massage Envy franchise back in 2007. American National Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
MASSAGE ENVY ROCKBROOK
OMAHA, NE 68144
SBA Loan Lender
AMERICAN NATIONAL BANK
8990 W DODGE RD
OMAHA, NE 68114
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
1/11/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help create 10 new jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Massage Envy
Accountant's Role in Securing Financing
SBA 7A Lenders in Omaha, Nebraska
Nebraska SBA Bank Lenders