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May 9, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Wood Household Furniture Loan | ||||
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SBA Lenders in Mount Vernon
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Ge Cap. Small Business Finan Corp SBA Loan to Wood Household Furniture CompanyGe Cap. Small Business Finan Corp and the SBA work together to get business loans for growing small businesses. Here's an example of how a New York entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Vernon, New York was able to borrow $150,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $112,500 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: WOOD HOUSEHOLD FURNITURE 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 2511 - Wood Household Furniture Loan Approval Date 9/1/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Advice on Getting a Small Business Loan Find an SBA Lender in St. Louis, Missouri
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