Borrow Money to Buy a Subaru Franchise

Need money to buy a Subaru franchise? First National Bank - Pennsylvania has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Subaru franchise? If so, here's a 2005 SBA franchise loan that you should know about. First National Bank - Pennsylvania was the lender and the entrepreneur was based in Youngstown, Ohio.

SBA Loan Borrower

BOARDMAN SUBARU
YOUNGSTOWN, OH 44512

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
166 MAIN ST
GREENVILLE, PA 16125

The lender provided this 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

441110 - New Car Dealers

Loan Approval Date

8/18/2005

Loan Approval Gross Amount

$94,000

Loan Approval from the SBA

Of the total $94,000 loan amount, the SBA guaranteed $47,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Subaru franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 7 existing jobs.

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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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SBA Approved Banks in Greenville, Pennsylvania

SBA Pennsylvania Banks