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April 25, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Investment Advice Loan | ||||
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Missouri Bank SBA Loans
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Ge Cap. Small Business Finan Corp SBA Loan to Investment Advice CompanyLooking to get an Ohio business loan? Here's one Ohio business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cleveland, Ohio was able to borrow $310,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $232,500 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: INVESTMENT ADVICE SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6282 - Investment Advice Loan Approval Date 2/25/2000 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 borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 63 employees. The loan application indicated that the loan would help generate 63 new jobs and retain 63 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ge Cap. Small Business Finan Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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:
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