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April 23, 2024 |
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| Home > Small Business Lenders by State > Nebraska Business Loan Sources > North Platte, Business Loans > Nebraskaland National Bank North Platte Business Loans > Heaven's Best Carpet And Uphol Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Nebraskaland National Bank Provides SBA Loan to Buy Heaven's Best FranchiseBorrowing money to purchase a Heaven's Best franchise? Nebraskaland National Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Heaven's Best franchise requires some effort but others before you have been successful. In 2002, Nebraskaland National Bank issued an SBA franchise loan to an entrepreneur in North Platte, Nebraska. Because Heaven's Best was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis. SBA Loan Borrower HEAVEN'S BEST CARPET AND UPHOL SBA Loan Lender NEBRASKALAND NATIONAL BANK 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 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 12/13/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Heaven's Best franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Heaven's Best Carpet/Uphol. Cleaning Best North Platte, Nebraska Banks for Small Business Browse All Business Loan Sources for Nebraska
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