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April 24, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Christian Brothers Automotive- Loan | ||||
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Oklahoma City, OK Entrepreneur Gets SBA Loan to Buy Christian Brothers Automotive FranchiseNeed money to purchase a Christian Brothers Automotive franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA. Christian Brothers Automotive franchise loans are available to Oklahoma City, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Mutual Bank, based in Henderson, Nevada, issued an SBA franchise loan for a Christian Brothers Automotive franchise in 2001. We've got all the details on this Oklahoma small business loan. SBA Loan Borrower CHRISTIAN BROTHERS AUTOMOTIVE- SBA Loan Lender WASHINGTON MUTUAL BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 2/27/2001 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - How to Borrow Money Small Business Banks in Henderson, Nevada SBA Participating Banks in Nevada
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