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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Tires Plus Franchise Issued By First Internatl Bank & Tr

Need a loan to buy a Tires Plus franchise? First Internatl Bank & Tr has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Tires Plus franchise? If so, here's a 2000 SBA franchise loan that you should know about. First Internatl Bank & Tr was the lender and the entrepreneur was based in Minot, North Dakota.

SBA Loan Borrower

TIRES PLUS
MINOT, ND 58701

SBA Loan Lender

FIRST INTERNATL BANK & TR
1705 2ND AVE SW
MINOT, ND 58701

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5531 - Auto and Home Supply Stores

Loan Approval Date

2/18/2000

Loan Approval Gross Amount

$118,000

Loan Approval from the SBA

Of the total $118,000 loan amount, the SBA guaranteed $88,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Tires Plus franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money 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.

This SBA loan was for $118,000. How would you spend $118,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Tires Plus Franchising Corporation

Find Start-Up Capital

Small Bank Loans in Minot, North Dakota

North Dakota SBA Bank Lenders