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May 10, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Massey Enterprises, LLC Dba Cottman Transm Loan | ||||
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Good Banks for Brookfield Franchisees
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Brookfield, WI Entrepreneur Gets SBA Loan to Buy Cottman Transmission FranchiseBorrowing money to buy a Cottman Transmission franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. Cottman Transmission franchise loans are available to Brookfield, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capital One, based in Mclean, Virginia, issued an SBA franchise loan for a Cottman Transmission franchise in 2006. We've got all the details on this Wisconsin small business loan. SBA Loan Borrower MASSEY ENTERPRISES, LLC DBA COTTMAN TRANSM SBA Loan Lender CAPITAL ONE The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 811113 - Automotive Transmission Repair Loan Approval Date 4/14/2006 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 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. We can help you find the best banks for small businesses in Brookfield 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: Find an SBA Lender in Mclean, Virginia
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