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May 9, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Direct Selling Establishments Loan | ||||
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How to Get SBA Loans in Rexburg, Idaho
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Financing for Direct Selling EstablishmentsWith these commercial loans for direct selling establishments, the SBA guarantees the lender that the loan will be repaid. This direct selling establishments loan for $94,800 was given to an Idaho entrepreneur in 2001. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $94,800 to help grow their Rexburg, Idaho business. SBA Loan Borrower COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 5/9/2001 Loan Approval Gross Amount $94,800 Loan Approval from the SBA Of the total $94,800 loan amount, the SBA guaranteed $80,580. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source We've showcased information on this loan to let you know that businesses like yours 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: Obtaining Funding - Getting Venture Capital SBA Approved Banks in St. Louis, Missouri Browse All Business Loan Sources for Missouri
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