Borrow Money to Buy a Tuffy Muffler Center Franchise

Need money to buy a Tuffy Muffler Center franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Tuffy Muffler Center franchise loans are available to Davenport, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Ames, Iowa, issued an SBA franchise loan for a Tuffy Muffler Center franchise in 2001. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

TUFFY AUTO SERVICE CENTER
DAVENPORT, IA 52807

SBA Loan Lender

WELLS FARGO BANK
424 MAIN ST
AMES, IA 50010

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

3/2/2001

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tuffy Muffler Center franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Davenport IA, you ought to talk with a local Davenport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Davenport businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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