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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Finishers Of Broadwoven Fabrics Of Cotton Loan | ||||
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Small Business Banks That Lend to California Business Owners
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California Business Loan Issued to Finishers Of Broadwoven Fabrics Of Cotton CompanyCaliforniaBusiness loans are available to California business owners through the SBA. In this case, a Texas bank provides the loan. By giving the right information to Comerica Bank, this Corte Madera, California business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: FINISHERS OF BROADWOVEN FABRICS OF COTTON SBA Loan Lender COMERICA BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2261 - Finishers of Broadwoven Fabrics of Cotton NAICS Code 313311 - Broadwoven Fabric Finishing Mills Loan Approval Date 10/5/2000 Loan Approval Gross Amount $786,000 Loan Approval from the SBA Of the total $786,000 loan amount, the SBA guaranteed $589,500. 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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company. 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 Approved Banks in Dallas, Texas
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