Riverside, California Entrepreneur Gets a Small Business Loan
CaliforniaBank loans are available to California firms through the SBA. In this case, a Texas bank provides the loan.
Getting a small business loan in Riverside, California was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
RIVERSIDE, CA 92504
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
812910 - Pet Care Services
Loan Approval Date
12/19/2000
Loan Approval Gross Amount
$514,200
Loan Approval from the SBA
Of the total $514,200 loan amount, the SBA guaranteed $385,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Comerica Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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