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November 14, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Long Beach, Business Loans > Comerica Bank Long Beach Business Loans > Tacone Loan | ||||
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SBA Lenders for N. Providence Small Businesses
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N. Providence, RI Entrepreneur Gets SBA Loan to Buy Tacone FranchiseNeed money to buy a Tacone franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Tacone franchise loans are available to N. Providence, Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Long Beach, California, issued an SBA franchise loan for a Tacone franchise in 2005. We've got all the details on this Rhode Island small business loan. SBA Loan Borrower TACONE SBA Loan Lender COMERICA BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/29/2005 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tacone franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA Participating Banks in Long Beach, California
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