General Merchandise Stores Business Loans

Looking for business loans for general merchandise stores? An SBA loan may be just what you've been looking for. This $138,100 general merchandise stores loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Cranston, Rhode Island, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Comerica Bank, based in Dallas, Texas.

SBA Loan Borrower

COMPANY TYPE: GENERAL MERCHANDISE STORES
CRANSTON, RI 02920

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5399 - General Merchandise Stores

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

12/6/2005

Loan Approval Gross Amount

$138,100

Loan Approval from the SBA

Of the total $138,100 loan amount, the SBA guaranteed $117,385.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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