St. George, UT Entrepreneur Gets SBA Loan to Buy Tunex Franchise

Need a loan to buy a Tunex franchise? Mountain America Fcu has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Tunex franchise is doable. In 2003, Mountain America Fcu issued an SBA franchise loan to an entrepreneur in St. George, Utah. Because Tunex was registered with the SBA's registry of franchises, this Utah small business loan was issued on an expedited basis.

SBA Loan Borrower

TUNEX./WASHINGTON
ST. GEORGE, UT 84780

SBA Loan Lender

MOUNTAIN AMERICA FCU
7181 S CAMPUS VIEW DR
WEST JORDAN, UT 84084

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

12/23/2003

Loan Approval Gross Amount

$128,600

Loan Approval from the SBA

Of the total $128,600 loan amount, the SBA guaranteed $109,310.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tunex franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $128,600 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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