Victorville, CA Entrepreneur Gets SBA Loan to Buy Image Sun Franchise

Need a loan to purchase an Image Sun franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Image Sun franchise shouldn't be overly burdensome. In 2006, Comerica Bank issued an SBA franchise loan to an entrepreneur in Victorville, California. Because Image Sun was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

IMAGE SUN TANNING CENTERS
VICTORVILLE, CA 92395

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA debt financing 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

812990 - Personal Services

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$375,500

Loan Approval from the SBA

Of the total $375,500 loan amount, the SBA guaranteed $281,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Image Sun franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Victorville 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.

Related Links:

Image Sun Tanning Centers

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Dallas, Texas

SBA Participating Banks in Texas