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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > R.J. Gator's Loan | ||||
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Raising Money in Lake City, Florida With SBA Loans
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Florida Entrepreneur Secures Financing to Buy R.J. Gator's Restaurant FranchiseNeed money to invest in a R.J. Gator's Restaurant 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 R.J. Gator's Restaurant franchise may simply require a phone call to a local SBA banker. In 2000, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Lake City, Florida. Because R.J. Gator's Restaurant was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower R.J. GATOR'S SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/22/2000 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $252,420. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a R.J. Gator's Restaurant franchise. At the time of the loan, the company had 70 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $420,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Where to Get an SBA Loan in St. Louis, Missouri
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