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May 1, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Bancfirst Oklahoma City Business Loans > Aamco Loan | ||||
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Business Loans for Oklahoma City Small Businesses
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Oklahoma City, OK Entrepreneur Gets SBA Loan to Buy Aamco Transmissions FranchiseNeed a loan to purchase an Aamco Transmissions franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an Aamco Transmissions franchise is doable. In 2001, Bancfirst issued an SBA franchise loan to an entrepreneur in Oklahoma City, Oklahoma. Because Aamco Transmissions was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis. SBA Loan Borrower AAMCO SBA Loan Lender BANCFIRST This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a deep knowledge SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 4/16/2001 Loan Approval Gross Amount $144,000 Loan Approval from the SBA Of the total $144,000 loan amount, the SBA guaranteed $122,400. 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 application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Banking Deregulation's Effects on Entrepreneurship Where to Get an SBA Loan in Oklahoma City, Oklahoma
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