Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

Wadesboro, North Carolina Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Men's Clothing Stores

Looking for small business loans for men's clothing stores? Try the SBA. This $236,000 men's clothing stores loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wadesboro, North Carolina was able to borrow $236,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $177,000 of this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: MEN'S CLOTHING STORES
WADESBORO, NC 28170

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448110 - Men's Clothing Stores

Loan Approval Date

1/4/2001

Loan Approval Gross Amount

$236,000

Loan Approval from the SBA

Of the total $236,000 loan amount, the SBA guaranteed $177,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Wadesboro NC, you ought to talk with a local Wadesboro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wadesboro businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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.

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