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May 6, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Salted And Roasted Nuts And Seeds Loan | ||||
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Banks for Baltimore, Maryland Business Owners
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Business Loans for Roasted Nuts and Peanut Butter ManufacturingWith these business loans for roasted nuts and peanut butter manufacturing, the SBA guarantees the lender that the loan will be repaid. This roasted nuts and peanut butter manufacturing loan for $1,000,000 was given to a Maryland entrepreneur in 2000. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $1,000,000 to help grow their Baltimore, Maryland business. SBA Loan Borrower COMPANY TYPE: SALTED AND ROASTED NUTS AND SEEDS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This SBA business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2068 - Salted and Roasted Nuts and Seeds NAICS Code 311911 - Roasted Nuts and Peanut Butter Manufacturing Loan Approval Date 5/31/2000 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 60 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,000,000 loan. Remember, you control your own destiny. 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. Related Links: Best St. Louis, Missouri Banks for Small Business
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