Dallas, Texas Bank Lends Money to Limited-Service Restaurants Company in Temecula, California
Get SBA loans from a Dallas, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Comerica Bank is a Dallas, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
Temecula, CA 92591
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
722211 - Limited-Service Restaurants
Loan Approval Date
2/15/2006
Loan Approval Gross Amount
$203,000
Loan Approval from the SBA
Of the total $203,000 loan amount, the SBA guaranteed $152,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 6 existing jobs.
Next Steps for Getting an SBA Loan
If you need business start up money in Temecula CA, you ought to talk with a local Temecula SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Temecula businesses.
We can help you find the best banks for small businesses in Temecula 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.
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