Loan to Buy Mac Tools Franchise Issued By Ge Cap. Small Business Finan Corp
Need a loan to purchase a Mac Tools 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 Mac Tools franchise requires some effort but others before you have been successful. In 2001, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Jaffrey (census Name For Jaffr, New Hampshire. Because Mac Tools was registered with the SBA's registry of franchises, this New Hampshire small business loan was issued on an expedited basis.
SBA Loan Borrower
MAC TOOLS
JAFFREY (CENSUS NAME FOR JAFFR, NH 03452
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
4/10/2001
Loan Approval Gross Amount
$110,700
Loan Approval from the SBA
Of the total $110,700 loan amount, the SBA guaranteed $94,095.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Mac Tools franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find business people willing to loan money, 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.
Related Links:
Mac Tools
Family and Friend Investors - Your First Financiers
Small Bank Loans in St. Louis, Missouri
Missouri SBA 7A Lenders