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November 21, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Food Supplement Stores Loan | ||||
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Illinois Small Business Funding
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Food Supplement Stores Bank LoansLooking for bank loans for food supplement stores? Try the SBA. This $290,000 food supplement stores loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elgin, Illinois was able to borrow $290,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $217,500 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: FOOD SUPPLEMENT STORES 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 446191 - Food Supplement Stores Loan Approval Date 5/29/2003 Loan Approval Gross Amount $290,000 Loan Approval from the SBA Of the total $290,000 loan amount, the SBA guaranteed $217,500. 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 2 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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: Obtaining Funding From a Venture Capitalist Best Dallas, Texas Banks for Small Business
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