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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Thrifty Rent-A-Car Franchise Issued By Comerica Bank

Borrowing money to invest in a Thrifty Rent-A-Car franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Ontario, California needed money to invest in a Thrifty Rent-A-Car franchise back in 2000. Comerica Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

THRIFTY CAR RENTAL
ONTARIO, CA 91761

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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.

SIC Code

7514 - Passenger Car Rental

NAICS Code

532111 - Passenger Car Rental

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Thrifty Rent-A-Car franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Ontario CA, you ought to talk with a local Ontario SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ontario businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company.

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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