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March 28, 2024  
 
 
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Florida Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Fastsigns Franchise Issued By Ge Cap. Small Business Finan Corp

Borrowing money to invest in a Fastsigns franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Tallahassee, Florida needed money to invest in a Fastsigns franchise back in 2000. Ge Cap. Small Business Finan Corp issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

FASTSIGNS JEFFERY A HERIG AND
TALLAHASSEE, FL 32312

SBA Loan Lender

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

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

7389 - Business Services

Loan Approval Date

9/25/2000

Loan Approval Gross Amount

$136,800

Loan Approval from the SBA

Of the total $136,800 loan amount, the SBA guaranteed $102,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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