Get an SBA Loan for Motor Vehicle Parts Merchant Wholesalers

Looking for small business loans for motor vehicle parts merchant wholesalers? The SBA may be the answer. This $813,700 motor vehicle parts merchant wholesalers loan was issued by a Texas bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $813,700 to help grow their Placentia, California business.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS MERCHANT WHOLESALERS
Placentia, CA 92870

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA 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

423140 - Motor Vehicle Parts Merchant Wholesalers

Loan Approval Date

1/10/2006

Loan Approval Gross Amount

$813,700

Loan Approval from the SBA

Of the total $813,700 loan amount, the SBA guaranteed $610,275.

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 2 employees. This SBA loan request indicated that the loan would help generate 16 new jobs and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $813,700 loan. Remember, things become real when you believe you can achieve them!

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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