Entrepreneur Works With Dallas, Texas Bank to Get an SBA Loan
Want to talk with a Dallas, Texas bank about a business loan? Here's one Wisconsin 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 Janesville, Wisconsin. They received an SBA loan for $572,600. Nice!
SBA Loan Borrower
COMPANY TYPE: PET AND PET SUPPLIES STORES
JANESVILLE, WI 53545
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
12/29/2004
Loan Approval Gross Amount
$572,600
Loan Approval from the SBA
Of the total $572,600 loan amount, the SBA guaranteed $429,450.
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 2 employees. The SBA loan documents indicated that the loan would help generate 18 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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