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April 29, 2024  
 
 
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How Can I Buy a Franchise in Lincoln, Nebraska?

 

 
Loan Census SBA Loan Info

Lincoln, NE Entrepreneur Gets SBA Loan to Buy Fast Frame Franchise

Borrowing money to buy a Fast Frame franchise? Cornhusker Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lincoln, Nebraska needed money to invest in a Fast Frame franchise back in 2007. Cornhusker Bank issued an SBA franchise loan. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

FASTFRAMES OF LINCOLN
LINCOLN, NE 68516

SBA Loan Lender

CORNHUSKER BANK
1101 CORNHUSKER HWY
LINCOLN, NE 68521

This lender processed this bank 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

453998 - Store Retailers

Loan Approval Date

4/30/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, you control your own destiny.

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:

FASTFRAME USA INC.

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Small Business Banks in Lincoln, Nebraska

Where to Get an SBA Loan Nebraska