Comerica Bank Provides SBA Loan to Buy Copy Club Franchise

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

If you live near San Jose, California and are interested in buying a Copy Club franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Comerica Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

COPY CLUB CENTER NUMBER 40
SAN JOSE, CA 95112

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

561439 - Business Service Centers

Loan Approval Date

2/19/2003

Loan Approval Gross Amount

$437,900

Loan Approval from the SBA

Of the total $437,900 loan amount, the SBA guaranteed $328,425.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Copy Club franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the funding would help create 12 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $437,900 loan. Remember, fight for what you want, and it will be yours!

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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