Ge Cap. Small Business Finan Corp Gives Small Business Loan to Metal Heat Treating Company
Looking to get a Texas small business loan? This Texas entrepreneur got a small business loan, provided by a Missouri bank that works with the SBA to help small business owners.
Getting a small business loan in Fort Worth, Texas was a top priority for this small company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: METAL HEAT TREATING
FORT WORTH, TX 76117
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
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
332811 - Metal Heat Treating
Loan Approval Date
8/16/2001
Loan Approval Gross Amount
$475,000
Loan Approval from the SBA
Of the total $475,000 loan amount, the SBA guaranteed $356,250.
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 21 employees. The loan application indicated that the loan would help retain 18 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company.
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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SBA 7A Banks in St. Louis, Missouri
Getting an SBA Loan in Missouri