First National Bank Of Omaha Provides SBA Loan to Buy Tropical Smoothie Franchise
Need money to invest in a Tropical Smoothie franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
If you live near Papillion, Nebraska and are interested in buying a Tropical Smoothie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by First National Bank Of Omaha. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
TROPICAL SMOOTHIE CAFE
PAPILLION, NE 68046
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/16/2007
Loan Approval Gross Amount
$162,600
Loan Approval from the SBA
Of the total $162,600 loan amount, the SBA guaranteed $121,950.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Tropical Smoothie franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the borrowed money would help create 4 new jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $162,600 loan. Remember, things become real when you believe you can achieve them!
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:
Tropical Smoothie Cafe
Accountant's Role in Securing Financing
Who Lends Money to Small Businesses in Omaha, Nebraska
SBA Nebraska Banks