Borrow Money to Buy an Aamco Transmissions Franchise
Need money to buy an Aamco Transmissions franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.
Aamco Transmissions franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in North Richland Hills, Texas, issued an SBA franchise loan for an Aamco Transmissions franchise in 2003. We've got all the details on this Texas small business loan.
SBA Loan Borrower
AAMCO TRANSMISSION PARK CITIES
DALLAS, TX 75209
SBA Loan Lender
THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180
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
12/24/2003
Loan Approval Gross Amount
$560,000
Loan Approval from the SBA
Of the total $560,000 loan amount, the SBA guaranteed $420,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company
had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
If you want money for new small business in Dallas TX, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Frost National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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.
Dealing With Venture Capitalists
Small Bank Loans in North Richland Hills, Texas
SBA Lenders in Texas