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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Redlands, Business Loans > 1st Centennial Bank Redlands Business Loans > Quality Tune Up Loan | ||||
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How to Get SBA Loans in San Jose, California
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Borrow Money to Buy a Quality Tune Up FranchiseNeed a loan to purchase a Quality Tune Up franchise? 1st Centennial Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Quality Tune Up franchise? If so, here's a 2005 SBA franchise loan that you should know about. 1st Centennial Bank was the lender and the entrepreneur was based in San Jose, California. SBA Loan Borrower QUALITY TUNE UP SBA Loan Lender 1ST CENTENNIAL BANK This lender provides SBA debt financing 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 12/15/2005 Loan Approval Gross Amount $214,400 Loan Approval from the SBA Of the total $214,400 loan amount, the SBA guaranteed $160,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Quality Tune Up franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st Centennial Bank and they will explain how you can get an SBA loan for your company. 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: Determining Proper Capital Structure for a Business SBA 7A Banks for Redlands, California Loans Where to Get an SBA Loan California
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