Loan to Buy Aamco Transmissions Franchise Issued By Pnc Bank, National Association

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

Aamco Transmissions franchise loans are available to Essex, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Pittsburgh, Pennsylvania, issued an SBA franchise loan for an Aamco Transmissions franchise in 2006. We've got all the details on this Maryland small business loan.

SBA Loan Borrower

AAMCO TRANSMISSION
ESSEX, MD 21221

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811118 - Automotive Mechanical and Electrical Repair and Maintenance

Loan Approval Date

6/19/2006

Loan Approval Gross Amount

$202,000

Loan Approval from the SBA

Of the total $202,000 loan amount, the SBA guaranteed $151,500.

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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

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

If you need money to start business in Essex MD, you ought to talk with a local Essex SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Essex businesses.

While you may be able to borrow money from friends and family, 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.

Related Links:

AAMCO Transmissions, Inc.

Obtaining Funding - How to Decide How Much to Raise

Find an SBA Lender in Pittsburgh, Pennsylvania

Pennsylvania SBA 7A Lenders