Cortland, OH Entrepreneur Gets SBA Loan to Buy Taylor Rental Center Franchise
Need money to invest in a Taylor Rental Center franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Cortland, Ohio needed money to invest in a Taylor Rental Center franchise back in 2005. Comerica Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan.
SBA Loan Borrower
TAYLOR RENTALS
CORTLAND, OH 44483
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender provides SBA commercial 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.
NAICS Code
532310 - General Rental Centers
Loan Approval Date
3/28/2005
Loan Approval Gross Amount
$304,000
Loan Approval from the SBA
Of the total $304,000 loan amount, the SBA guaranteed $228,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Taylor Rental Center franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the funding would help generate 2 new jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $304,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Taylor Rental/Party Central
Borrowing Money from Friends and Family
SBA 7A Lenders in Dallas, Texas
Texas SBA 7A Lenders