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May 5, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Port Orchard, Business Loans > Kitsap Bank Port Orchard Business Loans > Aamco Transmissions Loan | ||||
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Tips for Financing a Franchise
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Washington Entrepreneur Secures Financing to Buy Aamco Transmissions FranchiseNeed money to buy an Aamco Transmissions franchise? Kitsap Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lakewood Center (census Name L, Washington needed money to invest in an Aamco Transmissions franchise back in 2000. Kitsap Bank issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower AAMCO TRANSMISSIONS SBA Loan Lender KITSAP BANK This lender provides SBA commercial 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 12/26/2000 Loan Approval Gross Amount $230,000 Loan Approval from the SBA Of the total $230,000 loan amount, the SBA guaranteed $172,500. 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 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Kitsap Bank and they will explain how you can get an SBA loan for your company. 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: SBA Approved Banks in Port Orchard, Washington
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