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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Tuffy Loan | ||||
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Business Loans for Naples Entrepreneurs
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Loan to Buy Tuffy Muffler Center Franchise Issued By Small Business Loan Source LLCNeed money to purchase a Tuffy Muffler Center franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Tuffy Muffler Center franchise? If so, here's a 2006 SBA franchise loan that you should know about. Small Business Loan Source LLC was the lender and the entrepreneur was based in Naples, Florida. SBA Loan Borrower TUFFY SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This lender provides SBA 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 811111 - General Automotive Repair Loan Approval Date 5/23/2006 Loan Approval Gross Amount $375,000 Loan Approval from the SBA Of the total $375,000 loan amount, the SBA guaranteed $281,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Tuffy Muffler Center franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $375,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 7A Banks for Houston, Texas Loans
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