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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > All Tune And Lube Loan | ||||
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Good Sources for Pensacola SBA Loans
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Borrow Money to Buy an All Tune And Lube FranchiseNeed a loan to invest in an All Tune And Lube franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. If you live near Pensacola, Florida and are interested in buying an All Tune And Lube franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower ALL TUNE AND LUBE SBA Loan Lender BANK OF AMERICA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 441229 - Motor Vehicle Dealers Loan Approval Date 7/13/2001 Loan Approval Gross Amount $66,800 Loan Approval from the SBA Of the total $66,800 loan amount, the SBA guaranteed $33,400. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an All Tune And Lube franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan If you are raising money in Pensacola FL, you ought to talk with a local Pensacola SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pensacola businesses. We've showcased information on this loan to let you know that businesses like yours 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: Where to Get an SBA Loan in Charlotte, North Carolina
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