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November 23, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Tropical Smoothie Cafe Loan | ||||
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SBA Franchise Lenders in Nevada
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Borrow Money to Buy a Tropical Smoothie FranchiseNeed a loan to purchase a Tropical Smoothie franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Tropical Smoothie franchise may simply require a phone call to a local SBA banker. In 2005, Comerica Bank issued an SBA franchise loan to an entrepreneur in Las Vegas, Nevada. Because Tropical Smoothie was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis. SBA Loan Borrower TROPICAL SMOOTHIE CAFE SBA Loan Lender COMERICA BANK 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 8/25/2005 Loan Approval Gross Amount $217,000 Loan Approval from the SBA Of the total $217,000 loan amount, the SBA guaranteed $162,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Tropical Smoothie franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $217,000 loan. Remember, things become real when you believe you can achieve them! 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
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