St. Louis, Missouri Bank Lends Money to Drugs, Drug Proprietaries, And Druggists' Sundries Company in Miami, Florida

Thinking about meeting with a St. Louis, Missouri bank about an SBA 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. They received an SBA loan for $508,500. Nice!

SBA Loan Borrower

COMPANY TYPE: DRUGS, DRUG PROPRIETARIES, AND DRUGGISTS' SUNDRIES
MIAMI, FL 33172

SBA Loan Lender

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

This lender provides SBA bank 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

5122 - Drugs, Drug Proprietaries, and Druggists' Sundries

NAICS Code

422210 - Drugs and Druggists' Sundries Wholesalers

Loan Approval Date

8/18/2000

Loan Approval Gross Amount

$508,500

Loan Approval from the SBA

Of the total $508,500 loan amount, the SBA guaranteed $381,375.

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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ge Cap. Small Business Finan Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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