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December 22, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Zaxby's Loan | ||||
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Good Sources for Daphne SBA Loans
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Daphne, AL Entrepreneur Gets SBA Loan to Buy Zaxby's FranchiseNeed money to invest in a Zaxby's franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Zaxby's franchise? If so, here's a 2004 SBA franchise loan that you should know about. Comerica Bank was the lender and the entrepreneur was based in Daphne, Alabama. SBA Loan Borrower ZAXBY'S SBA Loan Lender COMERICA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 4/1/2004 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $251,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Zaxby's franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 40 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small businesses, 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: The Friends and Family Network Who Lends Money to Small Businesses in Dallas, Texas
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