Entrepreneur Works With Dallas, Texas Bank to Get an SBA Loan
Get SBA loans from a Dallas, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Comerica Bank is a Dallas, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: DURABLE GOODS
IRVING, TX 75061
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This commercial loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5099 - Durable Goods
NAICS Code
423990 - Durable Goods Merchant Wholesalers
Loan Approval Date
10/16/2003
Loan Approval Gross Amount
$298,000
Loan Approval from the SBA
Of the total $298,000 loan amount, the SBA guaranteed $223,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Microlending as a Small Business Funding Source
Who Lends Money to Small Businesses in Dallas, Texas
Getting an SBA Loan in Texas