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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Comerica Bank San Jose Business Loans > Marble Slab Creamery Loan | ||||
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Good Sources for Rancho Cucamonga SBA Loans
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Borrow Money to Buy a Marble Slab Creamery FranchiseBorrowing money to buy a Marble Slab Creamery franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Rancho Cucamonga, California needed money to invest in a Marble Slab Creamery franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower MARBLE SLAB CREAMERY SBA Loan Lender COMERICA BANK This business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5499 - Food Stores NAICS Code 445299 - Specialty Food Stores Loan Approval Date 3/10/2003 Loan Approval Gross Amount $213,000 Loan Approval from the SBA Of the total $213,000 loan amount, the SBA guaranteed $159,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Good Banks for Small Business in San Jose, California
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