Financing for Mayonnaise, Dressing, and Prepared Sauce Manufacturing

With these commercial loans for mayonnaise, dressing, and prepared sauce manufacturing, the SBA guarantees the lender that the loan will be repaid. This mayonnaise, dressing, and prepared sauce manufacturing loan for $310,000 was given to a Florida entrepreneur in 2007.

Getting a small business loan in Miami, Florida was important for Harris Food Group, Inc. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank, operating out of Dallas, Texas. Here are the details on this Florida small business loan.

SBA Loan Borrower

HARRIS FOOD GROUP, INC.
250 NW 23RD ST.,#201
MIAMI, FL 33127

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA guaranteed 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

311941 - Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing

Loan Approval Date

8/28/2007

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

More Information on This SBA Loan

The borrower, Harris Food Group, Inc., 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this Harris Food Group, Inc. loan from Comerica Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Getting a Small Business Loan

Best Banks for Small Business in Dallas, Texas

SBA Participating Banks in Texas

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