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March 9, 2025 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Recyclable Material Merchant Wholesalers Loan | ||||
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Depew, New York Bank for SBA Loans
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Raising Money for Recyclable Material Merchant WholesalersWith these bank loans for recyclable material merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This recyclable material merchant wholesalers loan for $335,000 was given to a New York entrepreneur in 2004. This company knew how to go about getting a business bank loan. Based in Depew, New York, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri. SBA Loan Borrower COMPANY TYPE: RECYCLABLE MATERIAL MERCHANT WHOLESALERS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP 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 423930 - Recyclable Material Merchant Wholesalers Loan Approval Date 8/18/2004 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $251,250. 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 46 employees. The loan application indicated that the loan would help retain 46 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: SBA 7A Banks in St. Louis, Missouri
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