Nebraska Entrepreneur Secures Financing to Buy Scooters Java Express Franchise
Borrowing money to invest in a Scooters Java Express franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
Scooters Java Express franchise loans are available to Papillion, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Omaha, based in Omaha, Nebraska, issued an SBA franchise loan for a Scooters Java Express franchise in 2003. We've got all the details on this Nebraska small business loan.
SBA Loan Borrower
SCOOTER JAVA EXPRESS, INC.
PAPILLION, NE 68133
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68102
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
7/28/2003
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 a new business. This loan was used to buy a Scooters Java Express franchise. At the time of the loan, the company
had 11 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
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Small Bank Loans in Omaha, Nebraska
SBA Lenders in Nebraska