Charlotte, North Carolina Business Gets SBA-Guaranteed Funding from Ge Cap. Small Business Finan Corp
Ge Cap. Small Business Finan Corp has a track record as a leading provider of SBA loans. Find out how this North Carolina entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Charlotte, North Carolina was able to borrow $853,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $639,750 of this North Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC
CHARLOTTE, NC 28110
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This small business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8049 - Health Practitioner Office or Clinic
Loan Approval Date
8/9/2000
Loan Approval Gross Amount
$853,000
Loan Approval from the SBA
Of the total $853,000 loan amount, the SBA guaranteed $639,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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:
Microlending as a Small Business Funding Source
SBA Banks in St. Louis, Missouri
Getting an SBA Loan in Missouri