Loan to Buy Duct Medic Franchise Issued By Union Bank And Trust Company

Need a loan to purchase a Duct Medic franchise? Union Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

Duct Medic franchise loans are available to Lincoln, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Union Bank And Trust Company, based in Lincoln, Nebraska, issued an SBA franchise loan for a Duct Medic franchise in 2006. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

DUCTMEDIC INTERNATIONAL INC
LINCOLN, NE 68504

SBA Loan Lender

UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561790 - Services to Buildings and Dwellings

Loan Approval Date

9/26/2006

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 Duct Medic franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help create 3 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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SBA 7A Lenders in Lincoln, Nebraska

SBA Participating Banks in Nebraska