Loan Census Banking News and Information
December 19, 2024  
 
 
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I Need Commercial Loans to Buy a Franchise in Broomfield, Colorado

 

 
Loan Census SBA Loan Info

Colorado Entrepreneur Secures Financing to Buy Cottman Transmission Franchise

Borrowing money to invest in a Cottman Transmission franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Cottman Transmission franchise loans are available to Broomfield, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keybank National Association, based in Cleveland, Ohio, issued an SBA franchise loan for a Cottman Transmission franchise in 2005. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

COTTMAN TRANSMISSION
BROOMFIELD, CO 80020

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811118 - Automotive Mechanical and Electrical Repair and Maintenance

Loan Approval Date

1/5/2005

Loan Approval Gross Amount

$154,200

Loan Approval from the SBA

Of the total $154,200 loan amount, the SBA guaranteed $115,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $154,200 loan. Remember, if it to be, it is up to me!

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:

Cottman Transmissions

SBIR Funding

SBA 7A Banks in Cleveland, Ohio

SBA Lenders in Ohio