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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Houston, Business Loans > Comerica Bank Houston Business Loans > La Salsa And Ben & Jerry's Loan | ||||
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Florida Small Business Funding for Franchises
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Borrow Money to Buy a La Salsa FranchiseNeed money to purchase a La Salsa franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a La Salsa franchise? If so, here's a 2002 SBA franchise loan that you should know about. Comerica Bank was the lender and the entrepreneur was based in Miami, Florida. SBA Loan Borrower LA SALSA AND BEN & JERRY'S 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 8/1/2002 Loan Approval Gross Amount $747,800 Loan Approval from the SBA Of the total $747,800 loan amount, the SBA guaranteed $560,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a La Salsa franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 40 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $747,800 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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