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December 20, 2024  
 
 
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Ge Cap. Small Business Finan Corp Franchise Business Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Mac Tools Franchise

Need a loan to invest in a Mac Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Bradley, Illinois needed money to invest in a Mac Tools franchise back in 2001. Ge Cap. Small Business Finan Corp issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

J & V TOOL SALES
BRADLEY, IL 60915

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

454390 - Direct Selling Establishments

Loan Approval Date

6/19/2001

Loan Approval Gross Amount

$99,400

Loan Approval from the SBA

Of the total $99,400 loan amount, the SBA guaranteed $84,490.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mac Tools franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ge Cap. Small Business Finan Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Mac Tools

SBIR Funding

SBA Approved Banks in St. Louis, Missouri

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