 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Mbk, Inc. Dba Meineke Loan | ||||
 |
||||
Columbia Heights, Minnesota Bank Loan
|
||||
 |
Columbia Heights, MN Entrepreneur Gets SBA Loan to Buy Meineke Discount Muffler FranchiseBorrowing money to purchase a Meineke Discount Muffler franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Columbia Heights, Minnesota needed money to invest in a Meineke Discount Muffler franchise back in 2006. Comerica Bank issued an SBA franchise loan. Here are the details on this Minnesota small business loan. SBA Loan Borrower MBK, INC. DBA MEINEKE SBA Loan Lender COMERICA BANK 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 811111 - General Automotive Repair Loan Approval Date 8/21/2006 Loan Approval Gross Amount $330,000 Loan Approval from the SBA Of the total $330,000 loan amount, the SBA guaranteed $247,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 $330,000 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: Small Bank Loans in Dallas, Texas
|
|
||
|
||||
|
|
||||