Borrow Money to Buy a Quality Tune Up Franchise
Need 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
SAN JOSE, CA 95123
SBA Loan Lender
1ST CENTENNIAL BANK
218 E STATE ST
REDLANDS, CA 92373
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.
811111 - General Automotive Repair
Loan Approval Date
Loan Approval Gross Amount
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.
Determining Proper Capital Structure for a Business
SBA 7A Banks for Redlands, California Loans
Where to Get an SBA Loan California