Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Merrill, Oregon Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Mac Tools Franchise

Need money to purchase a Mac Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

Mac Tools franchise loans are available to Merrill, Oregon entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Mac Tools franchise in 2000. We've got all the details on this Oregon small business loan.

SBA Loan Borrower

MAC TOOLS (BEMENT)
MERRILL, OR 97633

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This lender provides SBA business 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.

SIC Code

3545 - Machine Tool Accessories

Loan Approval Date

5/24/2000

Loan Approval Gross Amount

$84,300

Loan Approval from the SBA

Of the total $84,300 loan amount, the SBA guaranteed $67,440.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mac Tools franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ge Cap. Small Business Finan Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Mac Tools

Obtaining Funding - How to Borrow Money

Best St. Louis, Missouri Banks for Small Business

Missouri SBA Bank Lenders