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November 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Wireless Toyz Loan | ||||
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Comerica Bank Franchise Loans
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Comerica Bank Provides SBA Loan to Buy Wireless FranchiseBorrowing money to buy a Wireless franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Wireless franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Wireless franchise in 2004. We've got all the details on this Arizona small business loan. SBA Loan Borrower WIRELESS TOYZ SBA Loan Lender COMERICA BANK This lender provides SBA business loans 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 443112 - Radio, Television, and Electronics Stores Loan Approval Date 2/2/2004 Loan Approval Gross Amount $605,000 Loan Approval from the SBA Of the total $605,000 loan amount, the SBA guaranteed $453,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Wireless franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Dealing With Venture Capitalists SBA 7A Lenders in Dallas, Texas
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