Comerica Bank Provides SBA Loan to Buy Wild Noodles Franchise

Borrowing money to buy a Wild Noodles franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Wild Noodles franchise loans are available to Roseville, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Wild Noodles franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

WILD NOODLES
ROSEVILLE, CA 95661

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/1/2005

Loan Approval Gross Amount

$434,000

Loan Approval from the SBA

Of the total $434,000 loan amount, the SBA guaranteed $325,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wild Noodles franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 14 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $434,000 loan. Remember, you control your own destiny.

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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