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April 30, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Vancouver, Business Loans > Today's Bank Vancouver Business Loans > Maaco Autopainting/bodyworks Loan | ||||
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Raising Money in Vancouver, Washington With SBA Loans
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Washington Entrepreneur Secures Financing to Buy Maaco Auto Painting Center FranchiseNeed a loan to invest in a Maaco Auto Painting Center franchise? Today's Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Vancouver, Washington needed money to invest in a Maaco Auto Painting Center franchise back in 2001. Today's Bank issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower MAACO AUTOPAINTING/BODYWORKS SBA Loan Lender TODAY'S BANK This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and are well trained in SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 6/11/2001 Loan Approval Gross Amount $289,600 Loan Approval from the SBA Of the total $289,600 loan amount, the SBA guaranteed $217,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Maaco Auto Painting Center franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Small Business Banks in Vancouver, Washington Find an SBA Lender in Washington
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