Loan to Buy Wienerschnitzel Franchise Issued By Comerica Bank
Need a loan to invest in a Wienerschnitzel franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Bermuda Dunes, California and are interested in buying a Wienerschnitzel franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Comerica Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
WIENERSCHNITZEL #659
BERMUDA DUNES, CA 92201
SBA Loan Lender
COMERICA BANK
333 W SANTA CLARA ST
SAN JOSE, CA 95113
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
8/1/2000
Loan Approval Gross Amount
$1,051,000
Loan Approval from the SBA
Of the total $1,051,000 loan amount, the SBA guaranteed $749,994.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wienerschnitzel franchise. At the time of the loan, the company
had 14 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
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.
This SBA loan was for $1,051,000. How would you spend $1,051,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Wienerschnitzel
The Friends and Family Network
SBA Participating Banks in San Jose, California
SBA California Lenders