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May 5, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Columbia, Business Loans > U.S. Bank National Association Columbia Business Loans > Aamco Transmissions Loan | ||||
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Raising Money in Columbia, Missouri With SBA Loans
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Columbia, MO Entrepreneur Gets SBA Loan to Buy Aamco Transmissions FranchiseNeed money to buy an Aamco Transmissions franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA. Aamco Transmissions franchise loans are available to Columbia, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Columbia, Missouri, issued an SBA franchise loan for an Aamco Transmissions franchise in 2001. We've got all the details on this Missouri small business loan. SBA Loan Borrower AAMCO TRANSMISSIONS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 8/24/2001 Loan Approval Gross Amount $147,000 Loan Approval from the SBA Of the total $147,000 loan amount, the SBA guaranteed $124,950. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Small Bank Loans in Columbia, Missouri
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