Growing Company Gets a California Small Business Loan
CaliforniaBank loans are available to California firms through the SBA. In this case, a Texas bank provides the loan.
Getting a small business loan in Lakehead, California was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: MARINAS
LAKEHEAD, CA 96051
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender provides SBA loan for small businesses 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
713930 - Marinas
Loan Approval Date
7/6/2001
Loan Approval Gross Amount
$554,200
Loan Approval from the SBA
Of the total $554,200 loan amount, the SBA guaranteed $415,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Lakehead CA, you ought to talk with a local Lakehead SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lakehead businesses.
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.
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