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March 29, 2024  
 
 
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Where to Get an SBA Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Fort Worth, TX Entrepreneur Gets SBA Loan to Buy Aamco Transmissions Franchise

Need a loan to buy an Aamco Transmissions franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

Aamco Transmissions franchise loans are available to Fort Worth, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for an Aamco Transmissions franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

AMMCO TRANSMISSION
FORT WORTH, TX 76116

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811113 - Automotive Transmission Repair

Loan Approval Date

12/12/2006

Loan Approval Gross Amount

$231,200

Loan Approval from the SBA

Of the total $231,200 loan amount, the SBA guaranteed $173,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

AAMCO Transmissions, Inc.

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SBA 7A Lenders in Scottsdale, Arizona

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