Ge Cap. Small Business Finan Corp SBA Loan to Courier Services Company

Searching for a Maryland small business loan? Here's one Maryland business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Abingdon, Maryland back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp, operating out of St. Louis, Missouri. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: COURIER SERVICES
ABINGDON, MD 21009

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4215 - Courier Services

Loan Approval Date

5/23/2000

Loan Approval Gross Amount

$867,400

Loan Approval from the SBA

Of the total $867,400 loan amount, the SBA guaranteed $650,550.

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 90 employees. The SBA loan application for the borrower indicated that the loan would help retain 90 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Abingdon MD, you ought to talk with a local Abingdon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Abingdon businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $867,400 loan. Remember, if it to be, it is up to me!

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 - How to Borrow Money

Small Bank Loans in St. Louis, Missouri

SBA Lenders in Missouri