Borrow Money to Buy an All Tune And Lube Franchise
Need money to invest in an All Tune And Lube franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
All Tune And Lube franchise loans are available to St. Cloud, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Minneapolis, Minnesota, issued an SBA franchise loan for an All Tune And Lube franchise in 2001. We've got all the details on this Minnesota small business loan.
SBA Loan Borrower
ALL TUNE AND LUBE
ST. CLOUD, MN 56301
SBA Loan Lender
WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
811111 - General Automotive Repair
Loan Approval Date
8/30/2001
Loan Approval Gross Amount
$91,000
Loan Approval from the SBA
Of the total $91,000 loan amount, the SBA guaranteed $45,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an All Tune And Lube franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
All Tune and Lube
Bank Credit Lines
SBA 7A Banks in Minneapolis, Minnesota
Minnesota SBA Banks