California Entrepreneur Secures Financing to Buy Winestyles Franchise

Borrowing money to purchase a Winestyles franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Winestyles franchise shouldn't be too tough. In 2007, Comerica Bank issued an SBA franchise loan to an entrepreneur in Mira Loma, California. Because Winestyles was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

WINE STYLES
MIRA LOMA, CA 91752

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA 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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

7/26/2007

Loan Approval Gross Amount

$221,300

Loan Approval from the SBA

Of the total $221,300 loan amount, the SBA guaranteed $165,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Winestyles franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $221,300. How would you spend $221,300 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.

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