General Automotive Repair Loans
Looking for loans for general automotive repair? The SBA may be the answer. This $93,500 general automotive repair loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Antonio, Texas was able to borrow $93,500 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $79,475 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
SAN ANTONIO, TX 78215
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811111 - General Automotive Repair
Loan Approval Date
7/2/2002
Loan Approval Gross Amount
$93,500
Loan Approval from the SBA
Of the total $93,500 loan amount, the SBA guaranteed $79,475.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in San Antonio TX, you ought to talk with a local San Antonio SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Antonio businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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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