Borrow Money to Buy a Mac Tools Franchise

Borrowing 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.

Mac Tools franchise loans are available to Kennewick, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Mac Tools franchise in 2000. We've got all the details on this Washington small business loan.

SBA Loan Borrower

MAC TOOLS DISTRIBUTOR
KENNEWICK, WA 99337

SBA Loan Lender

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

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

Loan Approval Date

7/21/2000

Loan Approval Gross Amount

$82,800

Loan Approval from the SBA

Of the total $82,800 loan amount, the SBA guaranteed $66,240.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Kennewick WA, you ought to talk with a local Kennewick SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kennewick businesses.

We can help you find the best banks for small businesses in Kennewick 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.

Related Links:

Mac Tools

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SBA 7A Lenders in St. Louis, Missouri

Missouri SBA 7A Lenders