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November 14, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Heber City, Business Loans > Grand Valley National Bank Heber City Business Loans > Aamco Transmission Repair Loan | ||||
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Grand Junction, Colorado Bank Loan
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Borrow Money to Buy an Aamco Transmissions FranchiseNeed a loan to purchase an Aamco Transmissions franchise? Grand Valley National Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Aamco Transmissions franchise? If so, here's a 2002 SBA franchise loan that you should know about. Grand Valley National Bank was the lender and the entrepreneur was based in Grand Junction, Colorado. SBA Loan Borrower AAMCO TRANSMISSION REPAIR SBA Loan Lender GRAND VALLEY NATIONAL BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 10/31/2002 Loan Approval Gross Amount $188,000 Loan Approval from the SBA Of the total $188,000 loan amount, the SBA guaranteed $141,000. 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 7 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
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