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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Meineke Discount Mufflers Loan | ||||
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I Need a Small Business Loan to Buy a Franchise in Atlanta, Georgia
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Loan to Buy Meineke Discount Muffler Franchise Issued By Temecula Valley BankBorrowing money to buy a Meineke Discount Muffler franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. Meineke Discount Muffler franchise loans are available to Atlanta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Temecula Valley Bank, based in Temecula, California, issued an SBA franchise loan for a Meineke Discount Muffler franchise in 2002. We've got all the details on this Georgia small business loan. SBA Loan Borrower MEINEKE DISCOUNT MUFFLERS SBA Loan Lender TEMECULA VALLEY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811112 - Automotive Exhaust System Repair Loan Approval Date 3/28/2002 Loan Approval Gross Amount $1,127,000 Loan Approval from the SBA Of the total $1,127,000 loan amount, the SBA guaranteed $845,250. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Temecula Valley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Obtaining Funding - How to Borrow Money Best Temecula, California Banks for Small Business
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