Kentucky Entrepreneur Secures Financing to Buy Cottman Transmission Franchise

Need money to buy a Cottman Transmission franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.

Cottman Transmission franchise loans are available to Louisville, Kentucky entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ncb, Fsb, based in Hillsboro, Ohio, issued an SBA franchise loan for a Cottman Transmission franchise in 2002. We've got all the details on this Kentucky small business loan.

SBA Loan Borrower

COTTMAN TRANSMISSION SYSTEMS
LOUISVILLE, KY 40207

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7537 - Automotive Transmission Repair Shops

NAICS Code

811113 - Automotive Transmission Repair

Loan Approval Date

9/6/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Cottman Transmissions

Business Line of Credit

Best Hillsboro, Ohio Banks for Small Business

SBA Lenders in Ohio