Entrepreneur Works With St. Louis, Missouri Bank to Get an SBA Loan
A St. Louis, Missouri small business loan can be yours. Learn how one firm got a $1,050,000 business loan from this Missouri bank.
This loan to a local firm is a good example of an SBA loan. Ge Cap. Small Business Finan Corp made the loan and the SBA guaranteed a portion of the loan. Many other Alaska entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: TRUCKING
FAIRBANKS, AK 99707
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This debt financing was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.
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
12/26/2000
Loan Approval Gross Amount
$1,050,000
Loan Approval from the SBA
Of the total $1,050,000 loan amount, the SBA guaranteed $749,994.
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 30 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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