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April 19, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > Lincoln, Business Loans > Cornhusker Bank Lincoln Business Loans > Dr Vinyl Of Southeast Nebraska Loan | ||||
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Cornhusker Bank Franchise Business Loans
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Lincoln, NE Entrepreneur Gets SBA Loan to Buy Dr. Vinyl vinyl Uphol., Etc. FranchiseNeed money to purchase a Dr. Vinyl vinyl Uphol., Etc. franchise? Cornhusker Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Dr. Vinyl vinyl Uphol., Etc. franchise may simply require a phone call to a local SBA banker. In 2005, Cornhusker Bank issued an SBA franchise loan to an entrepreneur in Lincoln, Nebraska. Because Dr. Vinyl vinyl Uphol., Etc. was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis. SBA Loan Borrower DR VINYL OF SOUTHEAST NEBRASKA SBA Loan Lender CORNHUSKER BANK This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 7/19/2005 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 Dr. Vinyl vinyl Uphol., Etc. franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Dr. Vinyl and Associates, Ltd. Accountant's Role in Securing Financing Good Banks for Small Business in Lincoln, Nebraska Getting an SBA Loan in Nebraska
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