Tennessee Entrepreneur Secures Financing to Buy Pirtek Usa Franchise
Borrowing money to purchase a Pirtek Usa franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Pirtek Usa franchise? If so, here's a 2002 SBA franchise loan that you should know about. Temecula Valley Bank was the lender and the entrepreneur was based in Nashville, Tennessee.
SBA Loan Borrower
PIRTEK ELM HILL PIKE
NASHVILLE, TN 37210
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7549 - Automotive Services
NAICS Code
811198 - Automotive Repair and Maintenance
Loan Approval Date
2/12/2002
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pirtek Usa franchise. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Temecula Valley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Pirtek
The Art of Bootstrapping
Who Lends Money to Small Businesses in Temecula, California
California SBA 7A Lenders