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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Cottman Transmission Loan | ||||
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Good Sources for Peachtree City SBA Loans
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Borrow Money to Buy a Cottman Transmission FranchiseBorrowing money to invest in a Cottman Transmission franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Peachtree City, Georgia needed money to invest in a Cottman Transmission franchise back in 2004. Community W. Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower COTTMAN TRANSMISSION SBA Loan Lender COMMUNITY W. BANK This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811198 - Automotive Repair and Maintenance Loan Approval Date 4/20/2004 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community W. Bank and they will explain how you can get an SBA loan for your company. 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: Raising VC Money for Social Networking Companies Best Banks for Small Business in Goleta, California
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