Loan to Buy Mexi-Kenny's Mexican Grill Franchise Issued By Comerica Bank

Need a loan to buy a Mexi-Kenny's Mexican Grill franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Mexi-Kenny's Mexican Grill franchise may simply require a phone call to a local SBA banker. In 2003, Comerica Bank issued an SBA franchise loan to an entrepreneur in Gilbert, Arizona. Because Mexi-Kenny's Mexican Grill was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

MEXI-KENNY'S MEXICAN GRILL
GILBERT, AZ 85233

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

722211 - Limited-Service Restaurants

Loan Approval Date

3/20/2003

Loan Approval Gross Amount

$445,600

Loan Approval from the SBA

Of the total $445,600 loan amount, the SBA guaranteed $334,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mexi-Kenny's Mexican Grill franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 30 new jobs and retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $445,600. How would you spend $445,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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