St. Louis, Missouri Lender Lends Money to Water, Sewer, And Pipeline Construction Company
Find St. Louis, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Ge Cap. Small Business Finan Corp is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Alpharetta, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Ge Cap. Small Business Finan Corp. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION
ALPHARETTA, GA 30004
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.
NAICS Code
234910 - Water, Sewer, and Pipeline Construction
Loan Approval Date
12/5/2000
Loan Approval Gross Amount
$1,320,000
Loan Approval from the SBA
Of the total $1,320,000 loan amount, the SBA guaranteed $749,997.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 30 employees. The loan application indicated that the loan would help generate 30 new jobs and retain 30 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company.
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:
Getting a Small Business Loan
SBA 7A Banks for St. Louis, Missouri Loans
SBA Lenders in Missouri