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May 8, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Highway And Street Construction Loan | ||||
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We Needed a Commercial Loan in Lake Butler, Florida and We Got One!
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Where to Get Capital for Highway and Street ConstructionWith these small business loans for highway and street construction, the SBA guarantees the lender that the loan will be repaid. This highway and street construction loan for $1,480,000 was given to a Florida entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Butler, Florida was able to borrow $1,480,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $749,990 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: HIGHWAY AND STREET 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. SIC Code 1611 - Highway and Street Construction NAICS Code 234110 - Highway and Street Construction Loan Approval Date 9/26/2000 Loan Approval Gross Amount $1,480,000 Loan Approval from the SBA Of the total $1,480,000 loan amount, the SBA guaranteed $749,990. 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 75 employees. The SBA loan documents indicated that the loan would help retain 75 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. While you may be able to borrow money from friends and family, 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 7A Banks for St. Louis, Missouri Loans Getting an SBA Loan in Missouri
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