Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Nebraska Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Nebraska Entrepreneur Secures Financing to Buy Postal Instant Press Franchise

Borrowing money to buy a Postal Instant Press franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Instant Press franchise may simply require a phone call to a local SBA banker. In 2001, First National Bank Of Omaha issued an SBA franchise loan to an entrepreneur in Omaha, Nebraska. Because Postal Instant Press was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.

SBA Loan Borrower

PIP PRINTING
OMAHA, NE 68154

SBA Loan Lender

FIRST NATIONAL BANK OF OMAHA
2605 S 133RD PLZ
OMAHA, NE 68144

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.

SIC Code

7334 - Photocopying and Duplicating Services

NAICS Code

323114 - Quick Printing

Loan Approval Date

4/26/2001

Loan Approval Gross Amount

$83,500

Loan Approval from the SBA

Of the total $83,500 loan amount, the SBA guaranteed $70,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Postal Instant Press franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Omaha or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Strategic Investors

Where to Get an SBA Loan in Omaha, Nebraska

SBA Participating Banks in Nebraska