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May 5, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Claremore, Business Loans > Rcb Bank Claremore Business Loans > Aamco Transmissions Loan | ||||
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Good Sources for Derby SBA Loans
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Borrow Money to Buy an Aamco Transmissions FranchiseNeed a loan to buy an Aamco Transmissions franchise? Rcb Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Aamco Transmissions franchise? If so, here's a 2001 SBA franchise loan that you should know about. Rcb Bank was the lender and the entrepreneur was based in Derby, Kansas. SBA Loan Borrower AAMCO TRANSMISSIONS SBA Loan Lender RCB BANK 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 11/1/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $150,000. How would you spend $150,000 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: Who Lends Money to Small Businesses in Claremore, Oklahoma
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