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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Security Systems Services Loan | ||||
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Dallas Bank Loan
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Dallas, Texas Bank Gives SBA Loan to Security Systems Services CompanyThinking about meeting with a Dallas, Texas bank about an SBA loan? Here's one California business loan, issued by a Dallas bank, that was approved by the SBA. Applying for an SBA loan with Comerica Bank worked out well for our friends at one local company in Downey, California. The business was able to get an SBA loan for $637,000. Sweet! SBA Loan Borrower COMPANY TYPE: SECURITY SYSTEMS SERVICES SBA Loan Lender COMERICA BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7382 - Security Systems Services NAICS Code 561621 - Security Systems Services Loan Approval Date 8/3/2000 Loan Approval Gross Amount $637,000 Loan Approval from the SBA Of the total $637,000 loan amount, the SBA guaranteed $477,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $637,000 loan. Remember, where there is a will, there is a way! 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:
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