Comerica Bank SBA Loan to Women's And Children's Underwear Company
Looking to get a California small business loan? Here's one California business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Los Angeles, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Comerica Bank, based in Dallas, Texas.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND CHILDREN'S UNDERWEAR
LOS ANGELES, CA 90006
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2341 - Women's and Children's Underwear
Loan Approval Date
6/29/2000
Loan Approval Gross Amount
$230,000
Loan Approval from the SBA
Of the total $230,000 loan amount, the SBA guaranteed $172,500.
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 31 employees. This SBA loan request indicated that the loan would help generate 27 new jobs and retain 31 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Los Angeles or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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