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December 22, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Ramada Inn- Omaha Loan | ||||
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SBA 7A Banks in Nebraska
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Borrow Money to Buy a Ramada Inn FranchiseNeed money to buy a Ramada Inn franchise? U.S. Bank National Association 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 Ramada Inn franchise back in 2000. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Nebraska small business loan. SBA Loan Borrower RAMADA INN- OMAHA SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 3/23/2000 Loan Approval Gross Amount $1,240,000 Loan Approval from the SBA Of the total $1,240,000 loan amount, the SBA guaranteed $749,989. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Ramada Inn franchise. At the time of the loan, the company had 80 employees. The SBA loan documents indicated that the loan would help retain 80 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Ramada Franchise Systems, Inc. Dealing With Venture Capitalists Best Banks in Cincinnati, Ohio
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