Comerica Bank Provides SBA Loan to Buy Two Men And A Truck Franchise

Need a loan to purchase a Two Men And A Truck franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Two Men And A Truck franchise loans are available to Fort Wayne, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Two Men And A Truck franchise in 2007. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

PRIDE MOVING, INC. DBA TWO MEN AND A TRUCK
Fort Wayne, IN 46825

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

484210 - Used Household and Office Goods Moving

Loan Approval Date

10/17/2007

Loan Approval Gross Amount

$528,400

Loan Approval from the SBA

Of the total $528,400 loan amount, the SBA guaranteed $396,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Two Men And A Truck franchise. At the time of the loan, the company had 18 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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:

Two Men And A Truck International, Inc.

Business Credit Evaluation

Best Banks in Dallas, Texas

SBA Lenders in Texas