Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

St. Louis Bank Loan

 

 
Loan Census SBA Loan Info

St. Louis, Missouri Bank Gives SBA Loan to Arrangement Of Transportation Of Freight And Cargo Company

Thinking about meeting with a St. Louis, Missouri bank about a small business loan? Here's one Florida 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 firm in Miami, Florida. The business was able to get an SBA loan for $461,700. Sweet!

SBA Loan Borrower

COMPANY TYPE: ARRANGEMENT OF TRANSPORTATION OF FREIGHT AND CARGO
MIAMI, FL 33166

SBA Loan Lender

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

This lender provides SBA commercial 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.

SIC Code

4731 - Arrangement of Transportation of Freight and Cargo

NAICS Code

488510 - Freight Transportation Arrangement

Loan Approval Date

4/28/2000

Loan Approval Gross Amount

$461,700

Loan Approval from the SBA

Of the total $461,700 loan amount, the SBA guaranteed $346,275.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ge Cap. Small Business Finan Corp had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ge Cap. Small Business Finan Corp made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Investor Turnoffs

Where to Get an SBA Loan in St. Louis, Missouri

SBA Missouri Banks