Dallas, Texas Lender Lends Money to Legal Services Company
Get business loans from a Dallas, Texas bank that knows how to treat small business owners right! If this company 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 Nevada company.
SBA Loan Borrower
COMPANY TYPE: LEGAL SERVICES
ZEPHYR COVE, NV 89449
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8111 - Legal Services
NAICS Code
541110 - Lawyers
Loan Approval Date
3/22/2000
Loan Approval Gross Amount
$164,000
Loan Approval from the SBA
Of the total $164,000 loan amount, the SBA guaranteed $123,000.
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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Accountant's Role in Securing Financing
SBA Participating Banks in Dallas, Texas
Browse All Business Loan Sources for Texas