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May 8, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Hand And Edge Tools Loan | ||||
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St. Louis, Missouri Bank for SBA Loans
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St. Louis, Missouri Bank Gives SBA Loan to Hand And Edge Tools CompanyWant to talk with a St. Louis, Missouri bank about an SBA loan? Here's one Oregon 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 company in Beavercreek, Oregon. The business was able to get an SBA loan for $107,100. Way to go! SBA Loan Borrower COMPANY TYPE: HAND AND EDGE TOOLS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3423 - Hand and Edge Tools NAICS Code 332212 - Hand and Edge Tool Manufacturing Loan Approval Date 9/11/2000 Loan Approval Gross Amount $107,100 Loan Approval from the SBA Of the total $107,100 loan amount, the SBA guaranteed $80,325. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company. 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: Realistic Debt Financing Options
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