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November 15, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Big O Tires Of Pocatello Loan | ||||
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How Much Does It Cost to Buy a Franchise in Pocatello, Idaho?
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Borrow Money to Buy a Big O Tires dealers FranchiseBorrowing money to purchase a Big O Tires dealers franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Big O Tires dealers franchise? If so, here's a 2003 SBA franchise loan that you should know about. Cit Small Business Lending Corp was the lender and the entrepreneur was based in Pocatello, Idaho. SBA Loan Borrower BIG O TIRES OF POCATELLO SBA Loan Lender CIT SMALL BUSINESS LENDING CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441320 - Tire Dealers Loan Approval Date 10/8/2003 Loan Approval Gross Amount $636,000 Loan Approval from the SBA Of the total $636,000 loan amount, the SBA guaranteed $477,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Big O Tires dealers franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the funding would help create 15 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: Obtaining Funding From a Venture Capitalist SBA 7A Banks in Livingston, New Jersey
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