Loan Census Banking News and Information
November 25, 2024  
 
 
  Business Loan Information  
 

Comerica Bank Business Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Car Washes

Looking for small business loans for car washes? Talk to a banker who works with the SBA. This $426,900 car washes loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Krum, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Comerica Bank, based in Dallas, Texas.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
KRUM, TX 76249

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This SBA loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

3/18/2004

Loan Approval Gross Amount

$426,900

Loan Approval from the SBA

Of the total $426,900 loan amount, the SBA guaranteed $320,175.

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. This SBA loan request did not indicate that the small business planned to use the funding 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.

This company got an SBA loan. You can too! Maybe you need seed money for 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.

Related Links:

SBIR Funding

SBA 7A Banks in Dallas, Texas

Texas SBA 7A Banks