Loan Census Banking News and Information
April 29, 2024  
 
 
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SBA Lenders for Papillion, Nebraska Entrepreneurs

 

 
Loan Census SBA Loan Info

Nebraska Entrepreneur Secures Financing to Buy Scooters Java Express Franchise

Borrowing money to invest in a Scooters Java Express franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.

Scooters Java Express franchise loans are available to Papillion, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Omaha, based in Omaha, Nebraska, issued an SBA franchise loan for a Scooters Java Express franchise in 2003. We've got all the details on this Nebraska small business loan.

SBA Loan Borrower

SCOOTER JAVA EXPRESS, INC.
PAPILLION, NE 68133

SBA Loan Lender

FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68102

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.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

7/28/2003

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 Scooters Java Express franchise. At the time of the loan, the company had 11 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

This SBA loan was for $150,000. How would you spend $150,000 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:

Small Business Credit Cards

Small Bank Loans in Omaha, Nebraska

SBA Lenders in Nebraska