SBA Loan from Ge Cap. Small Business Finan Corp Helps Retail Stores Company
Ge Cap. Small Business Finan Corp has a track record as a leading provider of SBA loans. Find out how this South Carolina entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Mill, South Carolina was able to borrow $106,700 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $80,025 of this South Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
FORT MILL, SC 29715
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
5999 - Retail Stores
Loan Approval Date
9/12/2000
Loan Approval Gross Amount
$106,700
Loan Approval from the SBA
Of the total $106,700 loan amount, the SBA guaranteed $80,025.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Financing Your Business
Banks in St. Louis, Missouri
SBA Participating Banks in Missouri