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April 25, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Salt Lake City, Business Loans > Amer Express Centurion Bk Salt Lake City Business Loans > Precision Tune Roseville Loan | ||||
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Roseville, Minnesota Bank for SBA Loans
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Minnesota Entrepreneur Secures Financing to Buy Precision Tune FranchiseNeed money to invest in a Precision Tune franchise? Amer Express Centurion Bk has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Precision Tune franchise? If so, here's a 2004 SBA franchise loan that you should know about. Amer Express Centurion Bk was the lender and the entrepreneur was based in Roseville, Minnesota. SBA Loan Borrower PRECISION TUNE ROSEVILLE SBA Loan Lender AMER EXPRESS CENTURION BK This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 811111 - General Automotive Repair Loan Approval Date 7/28/2004 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Precision Tune franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Microlending as a Small Business Funding Source Small Business Banks in Salt Lake City, Utah
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