Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Frisco, Texas and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Plumbing, Heating, and Air-Conditioning Contractors

Looking for loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $75,000 plumbing, heating, and air-conditioning contractors loan was issued by a Nebraska bank.

This company knew how to go about getting a business bank loan. Based in Frisco, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First National Bank Of Omaha, based in Omaha, Nebraska.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
FRISCO, TX 75035

SBA Loan Lender

FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

1/23/2006

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Debt Financing

Where to Get an SBA Loan in Omaha, Nebraska

SBA Lenders in Nebraska