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April 29, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Automotive And Apparel Trimmings Loan | ||||
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Raising Money in Salt Lake City, Utah With SBA Loans
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Getting an SBA Loan for Textile Product MillsLooking for SBA loans for textile product mills? The SBA may be the answer. This $447,000 textile product mills loan was issued by a Missouri bank. Getting a small business loan in Salt Lake City, Utah was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp, operating out of St. Louis, Missouri. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE AND APPAREL TRIMMINGS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This SBA bank loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2396 - Automotive and Apparel Trimmings NAICS Code 314999 - Textile Product Mills Loan Approval Date 5/11/2000 Loan Approval Gross Amount $447,000 Loan Approval from the SBA Of the total $447,000 loan amount, the SBA guaranteed $335,250. 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 20 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds 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 need money to grow a business, an SBA loan can be a great way to raise money SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ge Cap. Small Business Finan Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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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