Borrow Money to Buy an Alta Mere Window Tinting & Auto Franchise

Need money to buy an Alta Mere Window Tinting & Auto franchise? Rcb Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Edmond, Oklahoma needed money to invest in an Alta Mere Window Tinting & Auto franchise back in 2004. Rcb Bank issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

ALTA MERE
EDMOND, OK 73034

SBA Loan Lender

RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$94,900

Loan Approval from the SBA

Of the total $94,900 loan amount, the SBA guaranteed $80,665.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Alta Mere Window Tinting & Auto franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rcb Bank and they will explain how you can get an SBA loan for your company.

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:

Alta Mere Window Tinting and Auto Alarms

Role of Business Plan When Raising Money

SBA 7A Banks for Claremore, Oklahoma Loans

Getting an SBA Loan in Oklahoma