Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

The Frost National Bank Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Aamco Transmissions Franchise

Need money to buy an Aamco Transmissions franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.

Aamco Transmissions franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in North Richland Hills, Texas, issued an SBA franchise loan for an Aamco Transmissions franchise in 2003. We've got all the details on this Texas small business loan.

SBA Loan Borrower

AAMCO TRANSMISSION PARK CITIES
DALLAS, TX 75209

SBA Loan Lender

THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180

This lender provides SBA loans 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

12/24/2003

Loan Approval Gross Amount

$560,000

Loan Approval from the SBA

Of the total $560,000 loan amount, the SBA guaranteed $420,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Dallas TX, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Frost National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

AAMCO Transmissions, Inc.

Dealing With Venture Capitalists

Small Bank Loans in North Richland Hills, Texas

SBA Lenders in Texas