Loan to Buy Aamco Transmissions Franchise Issued By Vineyard Bank
Need money to buy an Aamco Transmissions franchise? Vineyard Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Oakland, California and are interested in buying an Aamco Transmissions franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Vineyard Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
AAMCO TRANSMISSIONS
OAKLAND, CA 94611
SBA Loan Lender
VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811111 - General Automotive Repair
Loan Approval Date
10/25/2006
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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:
AAMCO Transmissions, Inc.
Obtaining Funding From a Venture Capitalist
SBA 7A Lenders in Corona, California
California SBA Bank Lenders