Virginia Entrepreneur Secures Financing to Buy Aamco Transmissions Franchise

Need a loan to buy an Aamco Transmissions franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Chantilly, Virginia needed money to invest in an Aamco Transmissions franchise back in 2007. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Virginia small business loan.

SBA Loan Borrower

AAMCO TRANSMISSIONS
CHANTILLY, VA 20151

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
TWO HOPKINS PLZ
BALTIMORE, MD 21201

This lender provides SBA loans 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

811113 - Automotive Transmission Repair

Loan Approval Date

3/21/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

AAMCO Transmissions, Inc.

A Company That Helps Entrepreneurs

Find an SBA Lender in Baltimore, Maryland

Maryland SBA Banks