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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Manufacturing Industries Loan | ||||
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SBA Lenders for Small Businesses in California
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Ge Cap. Small Business Finan Corp Gives SBA Loan to Manufacturing Industries CompanySBA loans in California are are few and far betweeen these days. We take a look at one California SBA loan, provided by a Missouri bank, that was approved by the SBA. You can learn something about getting a small business loan in Sacramento, California by studying this loan to a local business, made back in 2000. Banks like Ge Cap. Small Business Finan Corp may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING INDUSTRIES SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This bank loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3999 - Manufacturing Industries Loan Approval Date 3/24/2000 Loan Approval Gross Amount $959,000 Loan Approval from the SBA Of the total $959,000 loan amount, the SBA guaranteed $719,250. 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 26 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding - Getting Venture Capital Best St. Louis, Missouri Banks for Small Business Getting a Business Loan in Missouri
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