Marietta, GA Entrepreneur Gets SBA Loan to Buy 1-800-Radiator Franchise

Borrowing money to invest in a 1-800-Radiator franchise? American Southern Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a 1-800-Radiator franchise? If so, here's a 2006 SBA franchise loan that you should know about. American Southern Bank was the lender and the entrepreneur was based in Marietta, Georgia.

SBA Loan Borrower

1-800-RADIATOR OF ATLANTA
MARIETTA, GA 30068

SBA Loan Lender

AMERICAN SOUTHERN BANK
800 MANSELL RD
ROSWELL, GA 30076

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423110 - Automobile and Motor Vehicle Merchant Wholesalers

Loan Approval Date

7/21/2006

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

1-800-Radiator

Role of Business Plan When Raising Money

SBA Participating Banks in Roswell, Georgia

Getting an SBA Loan in Georgia