Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Business Loans for Bartlett Businesses

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Christian Brothers Automotive Franchise

Need a loan to buy a Christian Brothers Automotive franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Christian Brothers Automotive franchise may simply require a phone call to a local SBA banker. In 2005, Regions Bank issued an SBA franchise loan to an entrepreneur in Bartlett, Tennessee. Because Christian Brothers Automotive was registered with the SBA's registry of franchises, this Tennessee small business loan was issued on an expedited basis.

SBA Loan Borrower

FFG ENTERPRISES,INC. DBA CHRIS
BARTLETT, TN 38134

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

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

811111 - General Automotive Repair

Loan Approval Date

6/28/2005

Loan Approval Gross Amount

$235,000

Loan Approval from the SBA

Of the total $235,000 loan amount, the SBA guaranteed $176,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Christian Brothers Automotive

Small Business Loan

Small Business Banks in Memphis, Tennessee

Getting an SBA Loan in Tennessee