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November 21, 2024  
 
 
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San Antonio, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Cottman Transmission Franchise Issued By Citicapital Small Business Finance

Borrowing money to buy a Cottman Transmission franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Cottman Transmission franchise? If so, here's a 2000 SBA franchise loan that you should know about. Citicapital Small Business Finance was the lender and the entrepreneur was based in San Antonio, Texas.

SBA Loan Borrower

COTTMAN TRANSMISSION CENTER
SAN ANTONIO, TX 78232

SBA Loan Lender

CITICAPITAL SMALL BUSINESS FINANCE
250 E CARPENTER FRWY, STE 115
IRVING, TX 75062

This lender provides SBA guaranteed 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

811113 - Automotive Transmission Repair

Loan Approval Date

12/14/2000

Loan Approval Gross Amount

$130,300

Loan Approval from the SBA

Of the total $130,300 loan amount, the SBA guaranteed $97,725.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Cottman Transmissions

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Best Irving, Texas Banks for Small Business

SBA Participating Banks in Texas