Ge Cap. Small Business Finan Corp Provides SBA Loan to Buy Grandy's Franchise
Need a loan to buy a Grandy's 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 Grandy's franchise is doable. In 2000, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Keller, Texas. Because Grandy's was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
GRANDY'S COOPER
KELLER, TX 76248
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
7/31/2000
Loan Approval Gross Amount
$318,000
Loan Approval from the SBA
Of the total $318,000 loan amount, the SBA guaranteed $238,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Grandy's franchise. At the time of the loan, the company
had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
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SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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