 |
 |
May 4, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Virginia Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Sleep Inn Loan | ||||
 |
||||
Good Sources for Dumfries SBA Loans
|
||||
 |
Borrow Money to Buy a Sleep Inn Motel FranchiseBorrowing money to buy a Sleep Inn Motel franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Sleep Inn Motel franchise loans are available to Dumfries, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Sleep Inn Motel franchise in 2002. We've got all the details on this Virginia small business loan. SBA Loan Borrower SLEEP INN SBA Loan Lender COMERICA BANK This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 4/19/2002 Loan Approval Gross Amount $1,333,000 Loan Approval from the SBA Of the total $1,333,000 loan amount, the SBA guaranteed $999,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Sleep Inn Motel franchise. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company. 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: Sleep Inn and Sleep Inn & Suites SBA 7A Banks for Dallas, Texas Loans
|
|
||
|
||||
|
|
||||