Connecticut Entrepreneur Secures Financing to Buy Meineke Discount Muffler Franchise

Need money to buy a Meineke Discount Muffler franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in North Haven (town Of), Connecticut needed money to invest in a Meineke Discount Muffler franchise back in 2003. Rbs Citizens issued an SBA franchise loan. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

MEINEKE CAR CARE
NORTH HAVEN (TOWN OF), CT 06473

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

8/8/2003

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $2,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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