St. Louis, Missouri Lender Lends Money to Aluminum Extruded Products Company

Thinking about meeting with a St. Louis, Missouri bank about a business loan? Here's one Texas business loan, issued by a St. Louis bank, that was approved by the SBA.

Applying for an SBA loan with Ge Cap. Small Business Finan Corp worked out well for our friends at one local company in Houston, Texas. The business was able to get an SBA loan for $500,000. Nice!

SBA Loan Borrower

COMPANY TYPE: ALUMINUM EXTRUDED PRODUCTS
HOUSTON, TX 77008

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This lender issued this SBA bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3354 - Aluminum Extruded Products

NAICS Code

331316 - Aluminum Extruded Product Manufacturing

Loan Approval Date

12/13/2001

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 185 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Houston or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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