First National Bank Of Omaha Provides SBA Loan to Buy Mr. Goodcents Sub' And Pasta Franchise
Borrowing money to buy a Mr. Goodcents Sub' And Pasta franchise? First National Bank Of Omaha 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 Mr. Goodcents Sub' And Pasta franchise back in 2007. First National Bank Of Omaha issued an SBA franchise loan. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
RC CENTS INC
OMAHA, NE 68135
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
722211 - Limited-Service Restaurants
Loan Approval Date
10/1/2007
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company
had 20 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Mr. Goodcents Subs & Pastas
The Friends and Family Network
SBA Participating Banks in Omaha, Nebraska
SBA Participating Banks in Nebraska