Loan to Buy Matco Tools rent Tools Franchise Issued By Ge Cap. Small Business Finan Corp
Need a loan to buy a Matco Tools rent Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.
Matco Tools rent Tools franchise loans are available to Lake Charles, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Matco Tools rent Tools franchise in 2003. We've got all the details on this Louisiana small business loan.
SBA Loan Borrower
MATCO TOOLS
LAKE CHARLES, LA 70611
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
5/30/2003
Loan Approval Gross Amount
$92,000
Loan Approval from the SBA
Of the total $92,000 loan amount, the SBA guaranteed $78,200.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Matco Tools
Raising VC Money for Social Networking Companies
Small Business Banks in St. Louis, Missouri
Missouri SBA 7A Banks