Indianapolis, IN Entrepreneur Gets SBA Loan to Buy Tilden For Brakes Car Care Center Franchise
Need a loan to invest in a Tilden For Brakes Car Care Center franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Tilden For Brakes Car Care Center franchise? If so, here's a 2006 SBA franchise loan that you should know about. Cit Small Business Lending Corp was the lender and the entrepreneur was based in Indianapolis, Indiana.
SBA Loan Borrower
TILDEN CAR CARE
INDIANAPOLIS, IN 46280
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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
811111 - General Automotive Repair
Loan Approval Date
3/10/2006
Loan Approval Gross Amount
$231,000
Loan Approval from the SBA
Of the total $231,000 loan amount, the SBA guaranteed $173,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Tilden For Brakes Car Care Center franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 4 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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 Cit Small Business Lending Corp 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:
Tilden Car Care Centers
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New Jersey SBA 7A Lenders