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April 25, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Sacramento, Business Loans > Comerica Bank Sacramento Business Loans > No Industry Type Specified Loan | ||||
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California Bank SBA Loans
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Comerica Bank SBA Loan to No Industry Type Specified CompanyLooking to get a North Carolina SBA loan? Here's one North Carolina business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Mooresville, North Carolina, they applied for and were given an SBA-guaranteed loan in 2005. The lending bank was Comerica Bank, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED SBA Loan Lender COMERICA BANK This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a thorough understanding of SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421310 - Loan Approval Date 2/28/2005 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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 26 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Sacramento, California Getting a Business Loan in California
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