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May 9, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Industrial Nonbuilding Structure Construction Loan | ||||
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Ge Cap. Small Business Finan Corp
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SBA Loan from Ge Cap. Small Business Finan Corp Helps Industrial Nonbuilding Structure Construction CompanyGe Cap. Small Business Finan Corp and the SBA work together to get business loans for growing small businesses. Here's an example of how a Kentucky entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Allen (allen City), Kentucky, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL NONBUILDING STRUCTURE CONSTRUCTION SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 234930 - Industrial Nonbuilding Structure Construction Loan Approval Date 6/20/2002 Loan Approval Gross Amount $590,000 Loan Approval from the SBA Of the total $590,000 loan amount, the SBA guaranteed $442,500. 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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs. 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. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA Participating Banks in St. Louis, Missouri Browse All Business Loan Sources for Missouri
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