Turners Falls, MA Entrepreneur Gets SBA Loan to Buy Andy Wheel Repair Specialist Franchise

Need a loan to buy an Andy Wheel Repair Specialist franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Andy Wheel Repair Specialist franchise requires some effort but others before you have been successful. In 2003, Rbs Citizens issued an SBA franchise loan to an entrepreneur in Turners Falls, Massachusetts. Because Andy Wheel Repair Specialist was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.

SBA Loan Borrower

ALLOY WHEEL REPAIR SPECIALISTS
TURNERS FALLS, MA 01376

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

812990 - Personal Services

Loan Approval Date

2/14/2003

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Andy Wheel Repair Specialist franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

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

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Turners Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

Banks in Providence, Rhode Island

Getting an SBA Loan in Rhode Island