Columbia, MO Entrepreneur Gets SBA Loan to Buy Aamco Transmissions Franchise

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

Aamco Transmissions franchise loans are available to Columbia, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Columbia, Missouri, issued an SBA franchise loan for an Aamco Transmissions franchise in 2001. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

AAMCO TRANSMISSIONS
COLUMBIA, MO 65202

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
1408 FORUM BLVD
COLUMBIA, MO 65203

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811113 - Automotive Transmission Repair

Loan Approval Date

8/24/2001

Loan Approval Gross Amount

$147,000

Loan Approval from the SBA

Of the total $147,000 loan amount, the SBA guaranteed $124,950.

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 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

Investor Turnoffs

Small Bank Loans in Columbia, Missouri

Missouri SBA 7A Lenders