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November 14, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Lincoln, Business Loans > Cornhusker Bank Lincoln Business Loans > Fastframes Of Lincoln Loan | ||||
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Good Sources for Scottsdale SBA Loans
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Scottsdale, AZ Entrepreneur Gets SBA Loan to Buy Fast Frame FranchiseBorrowing money to invest in a Fast Frame franchise? Cornhusker Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Fast Frame franchise? If so, here's a 2004 SBA franchise loan that you should know about. Cornhusker Bank was the lender and the entrepreneur was based in Scottsdale, Arizona. SBA Loan Borrower FASTFRAMES OF LINCOLN SBA Loan Lender CORNHUSKER BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442299 - Home Furnishings Stores Loan Approval Date 5/20/2004 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. 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. This SBA loan was for $120,000. How would you spend $120,000 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: Best Lincoln, Nebraska Banks for Small Business
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