Dallas, Texas Lender Lends Money to Fondue, Inc.

Get business loans from a Dallas, Texas bank that knows how to treat small business owners right! If Fondue, Inc. can get a loan, there's no reason you can't do it too.

Comerica Bank is a Dallas, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Fondue, Inc. a Virginia company.

SBA Loan Borrower

FONDUE, INC.
12233 Jefferson Avenue, Sui
Newport News, VA 23602

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

722110 - Full-Service Restaurants

Loan Approval Date

11/9/2005

Loan Approval Gross Amount

$854,000

Loan Approval from the SBA

Of the total $854,000 loan amount, the SBA guaranteed $640,500.

More Information on This SBA Loan

The borrower, Fondue, Inc., borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 39 new jobs and retain 40 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this Fondue, 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:

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Getting an SBA Loan in Texas

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