Loan to Buy Rocky Mountain Chocolate Factory Franchise Issued By Bank Of Nebraska

Borrowing money to buy a Rocky Mountain Chocolate Factory franchise? Bank Of Nebraska has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Rocky Mountain Chocolate Factory franchise shouldn't be too tough. In 2005, Bank Of Nebraska issued an SBA franchise loan to an entrepreneur in Omaha, Nebraska. Because Rocky Mountain Chocolate Factory was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.

SBA Loan Borrower

ROCKY MOUNTAIN CHOCOLATE
OMAHA, NE 68137

SBA Loan Lender

BANK OF NEBRASKA
2710 S 140TH ST
OMAHA, NE 68144

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5441 - Candy, Nut, and Confectionery Stores

NAICS Code

445292 - Confectionery and Nut Stores

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$138,536

Loan Approval from the SBA

Of the total $138,536 loan amount, the SBA guaranteed $117,756.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $138,536 loan. Remember, fight for what you want, and it will be yours!

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:

Rocky Mountain Chocolate Factory

Debt Financing

SBA 7A Banks in Omaha, Nebraska

Nebraska SBA 7A Banks