Tierone Bank Provides SBA Loan to Buy Sam & Louie's New York Pizza Franchise

Borrowing money to buy a Sam & Louie's New York Pizza franchise? Tierone Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Sam & Louie's New York Pizza franchise? If so, here's a 2006 SBA franchise loan that you should know about. Tierone Bank was the lender and the entrepreneur was based in Omaha, Nebraska.

SBA Loan Borrower

SAM & LOUIE'S NEW YORK PIZZERI
OMAHA, NE 68114

SBA Loan Lender

TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508

This lender issued this SBA business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/16/2006

Loan Approval Gross Amount

$148,000

Loan Approval from the SBA

Of the total $148,000 loan amount, the SBA guaranteed $125,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sam & Louie's New York Pizza franchise. At the time of the loan, the company had 17 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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.

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Nebraska SBA 7A Lenders