Nixa, MO Entrepreneur Gets SBA Loan to Buy Goodyear Tire Franchise

Need money to invest in a Goodyear Tire franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Goodyear Tire franchise loans are available to Nixa, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Memphis, Tennessee, issued an SBA franchise loan for a Goodyear Tire franchise in 2000. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

GOODYEAR TIRE CENTER
NIXA, MO 65714

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small 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

5/31/2000

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Goodyear Tire franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your 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.

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.

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Small Bank Loans in Memphis, Tennessee

Getting an SBA Loan in Tennessee