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December 20, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Boca Raton, Business Loans > Comerica Bank Boca Raton Business Loans > Tire Dealers Loan | ||||
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Florida SBA 7A Lenders
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Boca Raton, Florida Bank Gives SBA Loan to Tire Dealers CompanyGet small business loans from a Boca Raton, Florida bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Comerica Bank is a Boca Raton, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a South Carolina company. SBA Loan Borrower COMPANY TYPE: TIRE DEALERS SBA Loan Lender COMERICA BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441320 - Tire Dealers Loan Approval Date 8/10/2001 Loan Approval Gross Amount $1,180,000 Loan Approval from the SBA Of the total $1,180,000 loan amount, the SBA guaranteed $885,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Comerica Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 7A Banks in Boca Raton, Florida
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