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April 19, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Sacramento, Business Loans > Comerica Bank Sacramento Business Loans > Wienerschnitzel #727 Loan | ||||
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Small Business Banks for So. Jordan Small Businesses
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Borrow Money to Buy a Der Wienerschnitzel FranchiseNeed a loan to invest in a Der Wienerschnitzel franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Der Wienerschnitzel franchise? If so, here's a 2003 SBA franchise loan that you should know about. Comerica Bank was the lender and the entrepreneur was based in So. Jordan, Utah. SBA Loan Borrower WIENERSCHNITZEL #727 SBA Loan Lender COMERICA BANK This commercial loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 7/15/2003 Loan Approval Gross Amount $1,187,800 Loan Approval from the SBA Of the total $1,187,800 loan amount, the SBA guaranteed $890,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Der Wienerschnitzel franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Comerica Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Participating Banks in Sacramento, California
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