Ge Cap. Small Business Finan Corp SBA Loan to Signs And Advertising Specialties Company
Searching for a California SBA loan? Here's one California business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Valencia, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri.
SBA Loan Borrower
COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
VALENCIA, CA 91855
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3993 - Signs and Advertising Specialties
Loan Approval Date
3/31/2000
Loan Approval Gross Amount
$375,000
Loan Approval from the SBA
Of the total $375,000 loan amount, the SBA guaranteed $281,250.
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 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $375,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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Find an SBA Lender in St. Louis, Missouri
Getting an SBA Loan in Missouri