Firm Gets a California Bank Loan

Would a California small business loan help your small business to grow and prosper? If so, you may want to talk with this Texas bank, which offers SBA loans to California entrepreneurs.

Getting a small business loan in San Ramon, California was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
SAN RAMON, CA 94583

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.

Loan Approval Date

4/17/2000

Loan Approval Gross Amount

$88,000

Loan Approval from the SBA

Of the total $88,000 loan amount, the SBA guaranteed $70,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

This company got an SBA loan. You can too! Maybe you need seed money for business? 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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