Loan to Buy Avis Rent-A-Car Franchise Issued By The Village Bank

Borrowing money to invest in an Avis Rent-A-Car franchise? The Village Bank has a history of making these loans and they are guaranteed by the SBA.

Avis Rent-A-Car franchise loans are available to St. George, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Village Bank, based in Saint George, Utah, issued an SBA franchise loan for an Avis Rent-A-Car franchise in 2000. We've got all the details on this Utah small business loan.

SBA Loan Borrower

NATIONAL PARKS TRANSPORTATION,
ST. GEORGE, UT 84770

SBA Loan Lender

THE VILLAGE BANK
294 E TABERNACLE
SAINT GEORGE, UT 84770

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7514 - Passenger Car Rental

NAICS Code

532111 - Passenger Car Rental

Loan Approval Date

6/29/2000

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Avis Rent-A-Car franchise. At the time of the loan, the company had 23 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Village Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Getting an SBA Loan in Utah