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November 15, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Trucking Loan | ||||
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Who Lends Money to Dothan Businesses
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Ge Cap. Small Business Finan Corp Gives Small Business Loan to Trucking CompanyAlabamaBusiness loans are available to Alabama business owners through the SBA. In this case, a Missouri bank provides the loan. You can learn something about getting a small business loan in Dothan, Alabama by studying this loan to a local business, made back in 2000. Banks like Ge Cap. Small Business Finan Corp may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: TRUCKING SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4213 - Trucking NAICS Code 484121 - General Long-Distance Freight Trucking Loan Approval Date 8/11/2000 Loan Approval Gross Amount $726,000 Loan Approval from the SBA Of the total $726,000 loan amount, the SBA guaranteed $544,500. 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 45 employees. This SBA loan request indicated that the loan would help retain 45 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $726,000 loan. Remember, things become real when you believe you can achieve them! 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: Best Banks in St. Louis, Missouri Find an SBA Lender in Missouri
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