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November 21, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Wood Kitchen Cabinet And Countertop Manufacturing Loan | ||||
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Advice for Small Business Owners On Getting a Loan
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Bank Loans for Wood Kitchen Cabinet and Countertop ManufacturingLooking for bank loans for wood kitchen cabinet and countertop manufacturing? The SBA may be the answer. This $167,000 wood kitchen cabinet and countertop manufacturing loan was issued by a Missouri bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Albuquerque, New Mexico was able to borrow $167,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $125,250 of this New Mexico small business loan. SBA Loan Borrower COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337110 - Wood Kitchen Cabinet and Countertop Manufacturing Loan Approval Date 12/8/2000 Loan Approval Gross Amount $167,000 Loan Approval from the SBA Of the total $167,000 loan amount, the SBA guaranteed $125,250. 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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ge Cap. Small Business Finan Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks for Small Business in St. Louis, Missouri
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