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November 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Michael Pringle Dba Aamco Transmissions Loan | ||||
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Unity Bank SBA 7A Franchise Loans
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Loan to Buy Aamco Transmissions Franchise Issued By Unity BankBorrowing money to purchase an Aamco Transmissions franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Snellville, Georgia needed money to invest in an Aamco Transmissions franchise back in 2006. Unity Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower MICHAEL PRINGLE DBA AAMCO TRANSMISSIONS SBA Loan Lender UNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 7/21/2006 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Aamco Transmissions franchise. At the time of the loan, the company had no employees. The SBA loan documents indicated that the funding would help create 3 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: SBA Approved Banks in Clinton, New Jersey
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