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November 24, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Coin-Operated Laundries And Drycleaners Loan | ||||
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Raising Money in Norcross, Georgia With SBA Loans
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Raising Money for Coin-Operated Laundries and DrycleanersLooking for business loans for coin-operated laundries and drycleaners? An SBA loan may be just what you've been looking for. This $464,000 coin-operated laundries and drycleaners loan was issued by a Texas bank. This business knew how to go about getting a business bank loan. Based in Norcross, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Comerica Bank, based in Dallas, Texas. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS SBA Loan Lender COMERICA BANK This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 11/17/2000 Loan Approval Gross Amount $464,000 Loan Approval from the SBA Of the total $464,000 loan amount, the SBA guaranteed $348,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Comerica Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Determining Proper Capital Structure for a Business
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