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April 19, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Deluxe Hospitality, LLC Dba Rodeway Inn Loan | ||||
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Good Banks for Battleboro Business Owners
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Battleboro, NC Entrepreneur Gets SBA Loan to Buy Rodeway Inns FranchiseNeed a loan to invest in a Rodeway Inns franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Battleboro, North Carolina needed money to invest in a Rodeway Inns franchise back in 2006. Comerica Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan. SBA Loan Borrower DELUXE HOSPITALITY, LLC DBA RODEWAY INN SBA Loan Lender COMERICA BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 4/4/2006 Loan Approval Gross Amount $1,745,000 Loan Approval from the SBA Of the total $1,745,000 loan amount, the SBA guaranteed $1,308,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Rodeway Inns franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source This SBA loan was for $1,745,000. How would you spend $1,745,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Dallas, Texas
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