Liquefied Petroleum Gas Dealers Loans
Looking for loans for liquefied petroleum gas dealers? An SBA loan may be just what you've been looking for. This $306,900 liquefied petroleum gas dealers loan was issued by a Missouri bank.
This small firm knew how to go about getting a business bank loan. Based in Colfax, Indiana, they applied for and were awarded 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: LIQUEFIED PETROLEUM GAS DEALERS
COLFAX, IN 46035
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454312 - Liquefied Petroleum Gas Dealers
Loan Approval Date
12/28/2000
Loan Approval Gross Amount
$306,900
Loan Approval from the SBA
Of the total $306,900 loan amount, the SBA guaranteed $230,175.
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 16 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Alternative Financing
Find an SBA Lender in St. Louis, Missouri
Getting an SBA Loan in Missouri