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December 22, 2024  
 
 
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Banks in St. Louis, Missouri That Make SBA Loans

 

 
Loan Census SBA Loan Info

St. Louis, Missouri Lender Lends Money to Metal Coating, Engraving And Allied Services Company

A St. Louis, Missouri SBA loan can be yours. Learn how a company got a $905,000 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 North Carolina 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: METAL COATING, ENGRAVING AND ALLIED SERVICES
GREENSBORO, NC 27401

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This SBA bank loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332812 - Metal Coating, Engraving and Allied Services

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$905,000

Loan Approval from the SBA

Of the total $905,000 loan amount, the SBA guaranteed $678,750.

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 170 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ge Cap. Small Business Finan Corp had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ge Cap. Small Business Finan Corp made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in St. Louis, Missouri

SBA Missouri Banks