Borrow Money to Buy a Cottman Transmission Franchise
Need a loan to purchase a Cottman Transmission franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.
Cottman Transmission franchise loans are available to Lower Burrell, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National City Bank, based in Pittsburgh, Pennsylvania, issued an SBA franchise loan for a Cottman Transmission franchise in 2004. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
Lower Burrell, PA 15068
SBA Loan Lender
NATIONAL CITY BANK
20 STANWIX ST, NATIONAL CITY
PITTSBURGH, PA 15222
The lender provided this SBA small business 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.
811113 - Automotive Transmission Repair
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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.
Accountant's Role in Securing Financing
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Getting an SBA Loan in Pennsylvania