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December 22, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Golden Coral Of Fuquay-Varina Loan | ||||
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Banks for Franchise Loans in North Carolina
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Comerica Bank Provides SBA Loan to Buy Golden Corral restaurant FranchiseNeed a loan to invest in a Golden Corral restaurant franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lillington, North Carolina needed money to invest in a Golden Corral restaurant franchise back in 2004. Comerica Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan. SBA Loan Borrower GOLDEN CORAL OF FUQUAY-VARINA 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 722211 - Limited-Service Restaurants Loan Approval Date 3/29/2004 Loan Approval Gross Amount $712,500 Loan Approval from the SBA Of the total $712,500 loan amount, the SBA guaranteed $534,375. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Golden Corral restaurant franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the funding would help create 48 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $712,500. How would you spend $712,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks for Small Business in Dallas, Texas Getting a Business Loan in Texas
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