Borrow Money to Buy a Partyland retail Party Goods Franchise
Borrowing money to purchase a Partyland retail Party Goods franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Partyland retail Party Goods franchise? If so, here's a 2007 SBA franchise loan that you should know about. Comerica Bank was the lender and the entrepreneur was based in Reno, Nevada.
SBA Loan Borrower
PARTYLAND
RENO, NV 89523
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.
NAICS Code
452990 - General Merchandise Stores
Loan Approval Date
5/25/2007
Loan Approval Gross Amount
$175,920
Loan Approval from the SBA
Of the total $175,920 loan amount, the SBA guaranteed $131,940.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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:
Party Land
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SBA Banks in Dallas, Texas
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