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November 21, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Dallas, Texas SBA 7A Banks
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Dallas, Texas Bank Gives SBA Loan to Gasoline Stations With Convenience Stores CompanyA Dallas, Texas SBA loan can be yours. Learn how a company got a $412,700 business loan from this Texas bank. This loan to a local firm is a good example of an SBA loan. Comerica Bank made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender COMERICA BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 3/1/2001 Loan Approval Gross Amount $412,700 Loan Approval from the SBA Of the total $412,700 loan amount, the SBA guaranteed $309,525. 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 5 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $412,700. How would you spend $412,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Role of Business Plan When Raising Money
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