 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Comerica Bank Dallas Business Loans | ||||
 |
||||
Texas Small Business Funding
|
||||
 |
Loans for Coin-Operated Laundries and DrycleanersLooking for loans for coin-operated laundries and drycleaners? Try the SBA. This $391,000 coin-operated laundries and drycleaners loan was issued by a Texas bank.
Coinless Lundry received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $391,000 to help grow their Austin, Texas business. SBA Loan Borrower COINLESS LUNDRY SBA Loan Lender COMERICA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 10/8/2004 Loan Approval Gross Amount $391,000 Loan Approval from the SBA Of the total $391,000 loan amount, the SBA guaranteed $293,250. More Information on This SBA Loan The borrower, Coinless Lundry, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to Coinless Lundry to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Best Banks for Small Business in Dallas, Texas Browse All Business Loan Sources for Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
|
|
||
|
||||
|
|
||||
