Borrow Money to Buy an Aamco Transmissions Franchise
Borrowing money to purchase an Aamco Transmissions franchise? First National Bank Of Omaha has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Omaha, Nebraska needed money to invest in an Aamco Transmissions franchise back in 2004. First National Bank Of Omaha issued an SBA franchise loan. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
NEWMAN'S AMOCO
OMAHA, NE 68110
SBA Loan Lender
FIRST NATIONAL BANK OF OMAHA
1620 DODGE ST
OMAHA, NE 68197
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
6/7/2004
Loan Approval Gross Amount
$148,000
Loan Approval from the SBA
Of the total $148,000 loan amount, the SBA guaranteed $125,800.
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 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $148,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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Nebraska SBA 7A Banks