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November 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Macer LLC Loan | ||||
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Raising Money in Yulee, Florida With SBA Loans
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Yulee, FL Entrepreneur Gets SBA Loan to Buy Petland FranchiseNeed a loan to purchase a Petland franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Yulee, Florida needed money to invest in a Petland franchise back in 2004. Comerica Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower MACER LLC SBA Loan Lender COMERICA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453910 - Pet and Pet Supplies Stores Loan Approval Date 9/1/2004 Loan Approval Gross Amount $470,000 Loan Approval from the SBA Of the total $470,000 loan amount, the SBA guaranteed $352,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Petland franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 25 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: How Much Venture Capital Is There?
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