Get an SBA Loan for Service Establishment Equipment and Supplies Wholesalers

Looking for loans for service establishment equipment and supplies wholesalers? An SBA loan may be just what you've been looking for. This $371,000 service establishment equipment and supplies wholesalers loan was issued by a Texas bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $371,000 to help grow their Rowland Heights, California business.

SBA Loan Borrower

COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES WHOLESALERS
ROWLAND HEIGHTS, CA 91746

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA loan for small businesses 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

421850 - Service Establishment Equipment and Supplies Wholesalers

Loan Approval Date

9/12/2002

Loan Approval Gross Amount

$371,000

Loan Approval from the SBA

Of the total $371,000 loan amount, the SBA guaranteed $278,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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:

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Getting an SBA Loan in Texas