Small Business Loans for Automotive Repair and Maintenance

Looking for small business loans for automotive repair and maintenance? Talk to a banker who works with the SBA. This $916,250 automotive repair and maintenance loan was issued by a Florida bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St Marys, Georgia was able to borrow $916,250 from First Coast Community Bank. The SBA made the loan possible by guaranteeing $687,188 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE REPAIR AND MAINTENANCE
ST MARYS, GA 31558

SBA Loan Lender

FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811198 - Automotive Repair and Maintenance

Loan Approval Date

5/19/2005

Loan Approval Gross Amount

$916,250

Loan Approval from the SBA

Of the total $916,250 loan amount, the SBA guaranteed $687,188.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in St Marys GA, you ought to talk with a local St Marys SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St Marys businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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