Omaha, NE Entrepreneur Gets SBA Loan to Buy Sign-A-Rama Franchise

Need money to purchase a Sign-A-Rama franchise? American Interstate Bank has a history of making these loans and they are guaranteed by the SBA.

Sign-A-Rama franchise loans are available to Omaha, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American Interstate Bank, based in Elkhorn, Nebraska, issued an SBA franchise loan for a Sign-A-Rama franchise in 2005. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

SIGN *A* RAMA
OMAHA, NE 68164

SBA Loan Lender

AMERICAN INTERSTATE BANK
701 GATEWAY RD
ELKHORN, NE 68022

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

3/4/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

SIGN*A*RAMA

Determining Proper Capital Structure for a Business

SBA Participating Banks in Elkhorn, Nebraska

SBA Nebraska Banks