Nebraska Entrepreneur Secures Financing to Buy Sam & Louie's New York Pizza Franchise

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

Sam & Louie's New York Pizza franchise loans are available to Papillion, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of Nebraska, based in La Vista, Nebraska, issued an SBA franchise loan for a Sam & Louie's New York Pizza franchise in 2005. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

SAM & LOUIE'S NEW YORK PIZZERI
PAPILLION, NE 68046

SBA Loan Lender

BANK OF NEBRASKA
7223 S 84TH ST
LA VISTA, NE 68128

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/4/2005

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sam & Louie's New York Pizza franchise. At the time of the loan, the company had 11 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

The Friends and Family Network

Small Bank Loans in La Vista, Nebraska

Find an SBA Lender in Nebraska