Wells Fargo Bank Provides SBA Loan to Buy All Tune And Lube Franchise

Need a loan to buy an All Tune And Lube franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an All Tune And Lube franchise? If so, here's a 2001 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Lewisville, Texas.

SBA Loan Borrower

ALL TUNE AND LUBE
510 SOUTH EDMONDS LANE
LEWISVILLE, TX 75067

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

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

811118 - Other Automotive Mechanical and Electrical Repair and Maintenance

Loan Approval Date

3/29/2001

Loan Approval Gross Amount

$156,000

Loan Approval from the SBA

Of the total $156,000 loan amount, the SBA guaranteed $117,000.

More Information on This SBA Loan

The borrower, All Tune And Lube, borrowed this money for an existing business. This loan was used to buy an All Tune And Lube franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 13 new jobs and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to All Tune And Lube 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 SBA loan database.

Related Links:

All Tune and Lube

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