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May 1, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Rolled Steel Shape Manufacturing Loan | ||||
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CO Business Loan from Ge Cap. Small Business Finan Corp
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Business Loan from Ge Cap. Small Business Finan Corp Given to Rolled Steel Shape Manufacturing CompanyGe Cap. Small Business Finan Corp has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Commerce City, Colorado was able to borrow $450,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $337,500 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: ROLLED STEEL SHAPE MANUFACTURING SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This lender provides SBA 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 331221 - Rolled Steel Shape Manufacturing Loan Approval Date 6/16/2003 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 21 employees. The SBA loan documents indicated that the loan would help retain 21 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $450,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in St. Louis, Missouri
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