Loan to Buy A+ Transmission Franchise Issued By Woodforest National Bank

Need money to purchase an A+ Transmission franchise? Woodforest National Bank has a history of making these loans and they are guaranteed by the SBA.

A+ Transmission franchise loans are available to Houston, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Woodforest National Bank, based in The Woodlands, Texas, issued an SBA franchise loan for an A+ Transmission franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

A+ TRANSMISSIONS
HOUSTON, TX 77063

SBA Loan Lender

WOODFOREST NATIONAL BANK
7 SWITCHBUD PL, STE 198 C
THE WOODLANDS, TX 77380

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7539 - Automotive Repair Shops

NAICS Code

811118 - Automotive Mechanical and Electrical Repair and Maintenance

Loan Approval Date

1/16/2002

Loan Approval Gross Amount

$632,800

Loan Approval from the SBA

Of the total $632,800 loan amount, the SBA guaranteed $474,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an A+ Transmission franchise. At the time of the loan, the company had 13 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $632,800. How would you spend $632,800 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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