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April 28, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Gregory J Haig Operating As An Loan | ||||
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Where Can I Find Franchise Loans in Fort Mill, South Carolina?
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Loan to Buy Mac Tools Franchise Issued By Ge Cap. Small Business Finan CorpBorrowing money to invest in a Mac Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Mac Tools franchise is doable. In 2001, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Fort Mill, South Carolina. Because Mac Tools was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis. SBA Loan Borrower GREGORY J HAIG OPERATING AS AN SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 5/30/2001 Loan Approval Gross Amount $92,700 Loan Approval from the SBA Of the total $92,700 loan amount, the SBA guaranteed $78,795. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mac Tools franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $92,700. How would you spend $92,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in St. Louis, Missouri Getting an SBA Loan in Missouri
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