Pennsylvania Entrepreneur Secures Financing to Buy Meineke Discount Muffler Franchise

Borrowing money to invest in a Meineke Discount Muffler franchise? Enterprise Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Meineke Discount Muffler franchise? If so, here's a 2006 SBA franchise loan that you should know about. Enterprise Bank was the lender and the entrepreneur was based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

MEINEKE DISCOUNT MUFFLER
PITTSBURGH, PA 15237

SBA Loan Lender

ENTERPRISE BANK
4091 MOUNT ROYAL BLVD
ALLISON PARK, PA 15101

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811198 - Automotive Repair and Maintenance

Loan Approval Date

2/24/2006

Loan Approval Gross Amount

$31,036

Loan Approval from the SBA

Of the total $31,036 loan amount, the SBA guaranteed $15,518.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $31,036. How would you spend $31,036 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.

Related Links:

Meineke Car Care Centers

Equity Financing

Small Bank Loans in Allison Park, Pennsylvania

Getting an SBA Loan in Pennsylvania