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May 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Aamco Transmissons Loan | ||||
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Carrollton, Georgia Bank for SBA Loans
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Carrollton, GA Entrepreneur Gets SBA Loan to Buy Aamco Transmissions FranchiseBorrowing money to buy an Aamco Transmissions franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Carrollton, Georgia needed money to invest in an Aamco Transmissions franchise back in 2007. Banco Popular North America issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower AAMCO TRANSMISSONS SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 7/31/2007 Loan Approval Gross Amount $241,000 Loan Approval from the SBA Of the total $241,000 loan amount, the SBA guaranteed $180,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $241,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Microlending as a Small Business Funding Source Good Banks for Small Business in New York City, New York Browse All Business Loan Sources for New York
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