Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Omaha, Nebraska and We Got One!

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Software Reproducing

Looking for commercial loans for software reproducing? Try the SBA. This $150,000 software reproducing loan was issued by a Nebraska bank.

This business knew how to go about getting a business bank loan. Based in Omaha, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Mutual Of Omaha Bank, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: SOFTWARE REPRODUCING
OMAHA, NE 68102

SBA Loan Lender

MUTUAL OF OMAHA BANK
3211 N 90TH ST
OMAHA, NE 68134

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

334611 - Software Reproducing

Loan Approval Date

4/6/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 25 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Omaha NE, you ought to talk with a local Omaha SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Omaha businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Obtaining Funding - How to Decide How Much to Raise

Find an SBA Lender in Omaha, Nebraska

Getting an SBA Loan in Nebraska