Borrow Money to Buy a Planet Beach Franchise

Need a loan to buy a Planet Beach franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Wesley Chapel, Florida needed money to invest in a Planet Beach franchise back in 2005. Comerica Bank issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

PLANET BEACH SEVEN OAKS
WESLEY CHAPEL, FL 33543

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

812112 - Beauty Salons

Loan Approval Date

11/17/2005

Loan Approval Gross Amount

$328,000

Loan Approval from the SBA

Of the total $328,000 loan amount, the SBA guaranteed $246,000.

More Information on This SBA Loan

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

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Wesley Chapel FL, you ought to talk with a local Wesley Chapel SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wesley Chapel businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Comerica Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Comerica Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Planet Beach Tanning Spa

Equity Financing

SBA Banks in Dallas, Texas

Getting a Business Loan in Texas