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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Sacramento, Business Loans > Comerica Bank Sacramento Business Loans > Maaco Collision Repair And Aut Loan | ||||
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Business Loans for Liberty Businesses
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Missouri Entrepreneur Secures Financing to Buy Maaco Auto Painting Center FranchiseNeed a loan to buy a Maaco Auto Painting Center franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Maaco Auto Painting Center franchise loans are available to Liberty, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Sacramento, California, issued an SBA franchise loan for a Maaco Auto Painting Center franchise in 2007. We've got all the details on this Missouri small business loan. SBA Loan Borrower MAACO COLLISION REPAIR AND AUT SBA Loan Lender COMERICA BANK This SBA bank 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. SIC Code 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 2/27/2007 Loan Approval Gross Amount $315,200 Loan Approval from the SBA Of the total $315,200 loan amount, the SBA guaranteed $236,400. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Maaco Auto Painting Center franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $315,200 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best Banks for Small Business in Sacramento, California
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