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November 15, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Water, Sewer, And Utility Lines Loan | ||||
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St. Louis, Missouri Bank for SBA Loans
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Entrepreneur Works With St. Louis, Missouri Bank to Get an SBA LoanA St. Louis, Missouri small business loan can be yours. Learn how one firm got a $1,045,000 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 West Virginia 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: WATER, SEWER, AND UTILITY LINES SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP When it made this small business loan, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to give expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1623 - Water, Sewer, and Utility Lines NAICS Code 235990 - Special Trade Contractors Loan Approval Date 12/13/2001 Loan Approval Gross Amount $1,045,000 Loan Approval from the SBA Of the total $1,045,000 loan amount, the SBA guaranteed $783,750. 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 47 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ge Cap. Small Business Finan Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Small Bank Loans in St. Louis, Missouri
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