Financing for Store Retailers
With these commercial loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $435,500 was given to a California entrepreneur in 2005.
This business knew how to go about getting a business bank loan. Based in Rohnert Park, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Comerica Bank, based in Dallas, Texas.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
ROHNERT PARK, CA 94928
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
453998 - Store Retailers
Loan Approval Date
5/13/2005
Loan Approval Gross Amount
$435,500
Loan Approval from the SBA
Of the total $435,500 loan amount, the SBA guaranteed $326,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 9 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Rohnert Park CA, you ought to talk with a local Rohnert Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rohnert Park businesses.
We can help you find the best banks for small businesses in Rohnert Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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Banks in Dallas, Texas
SBA Lenders in Texas