Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Where to Get a Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Rbc Centura Bank Provides SBA Loan to Buy Car Wash Guys Franchise

Need a loan to purchase a Car Wash Guys franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

Car Wash Guys franchise loans are available to Jonesboro, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbc Centura Bank, based in Atlanta, Georgia, issued an SBA franchise loan for a Car Wash Guys franchise in 2001. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

TARA TEX CORPORATION, INC. AND
JONESBORO, GA 30236

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

9/21/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Car Wash Guys franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help create 30 new jobs.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Jonesboro or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Car Wash Guys

Business Credit Evaluation

Good Banks for Small Business in Atlanta, Georgia

SBA Georgia Banks