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May 9, 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 > Snack Food Manufacturing Loan | ||||
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Hayward, California Bank for SBA Loans
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Borrowing Money for Snack Food ManufacturingLooking for bank loans for snack food manufacturing? Talk to a banker who works with the SBA. This $620,000 snack food manufacturing loan was issued by a Missouri bank. This small firm knew how to go about getting a business bank loan. Based in Hayward, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri. SBA Loan Borrower COMPANY TYPE: SNACK FOOD MANUFACTURING SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311919 - Snack Food Manufacturing Loan Approval Date 10/4/2004 Loan Approval Gross Amount $620,000 Loan Approval from the SBA Of the total $620,000 loan amount, the SBA guaranteed $465,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 120 employees. This SBA loan request indicated that the loan would help retain 120 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: SBA 7A Banks for St. Louis, Missouri Loans
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