SBA Loan from Ge Cap. Small Business Finan Corp Helps Masonry, Stone Setting, And Other Stone Work Company
An SBA loan from Ge Cap. Small Business Finan Corp typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Houston, Texas business owner got a $425,600 loan.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $425,600 to help grow their Houston, Texas business.
SBA Loan Borrower
COMPANY TYPE: MASONRY, STONE SETTING, AND OTHER STONE WORK
HOUSTON, TX 77007
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
1741 - Masonry, Stone Setting, and Other Stone Work
NAICS Code
235410 - Masonry and Stone Contractors
Loan Approval Date
1/31/2000
Loan Approval Gross Amount
$425,600
Loan Approval from the SBA
Of the total $425,600 loan amount, the SBA guaranteed $319,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Accountant's Role in Securing Financing
Small Business Banks in St. Louis, Missouri
SBA Missouri Banks