Automotive Body, Paint, and Interior Repair and Maintenance SBA Loans

Looking for SBA loans for automotive body, paint, and interior repair and maintenance? Try the SBA. This $190,000 automotive body, paint, and interior repair and maintenance loan was issued by a Pennsylvania bank.

This small business knew how to go about getting a business bank loan. Based in Scranton, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Fidelity Deposit & Discount Bk, based in Dunmore, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS
SCRANTON, PA 18509

SBA Loan Lender

FIDELITY DEPOSIT & DISCOUNT BK
DRINKER & BLAKELY STS
DUNMORE, PA 18512

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7532 - Top and Body Repair and Paint Shops

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

1/26/2005

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

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.

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