Ge Cap. Small Business Finan Corp Provides SBA Loan to Buy Maid-Rite Sandwich Shop Franchise

Need money to buy a Maid-Rite Sandwich Shop franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Maid-Rite Sandwich Shop franchise shouldn't be too tough. In 2000, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Gulf Shores, Alabama. Because Maid-Rite Sandwich Shop was registered with the SBA's registry of franchises, this Alabama small business loan was issued on an expedited basis.

SBA Loan Borrower

MAIL BOXES ETC
GULF SHORES, AL 36542

SBA Loan Lender

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

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.

SIC Code

7299 - Personal Services

Loan Approval Date

3/29/2000

Loan Approval Gross Amount

$122,700

Loan Approval from the SBA

Of the total $122,700 loan amount, the SBA guaranteed $92,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maid-Rite Sandwich Shop franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company.

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:

Maid-Rite Sandwich Shop

Getting a Small Business Loan

Small Business Banks in St. Louis, Missouri

Getting an SBA Loan in Missouri