Electrometallurgical Ferroalloy Product Manufacturing Loans

With these loans for electrometallurgical ferroalloy product manufacturing, the SBA guarantees the lender that the loan will be repaid. This electrometallurgical ferroalloy product manufacturing loan for $261,200 was given to a Nevada entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $261,200 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $195,900 of this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTROMETALLURGICAL FERROALLOY PRODUCT MANUFACTURING
LAS VEGAS, NV 89117

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

331112 - Electrometallurgical Ferroalloy Product Manufacturing

Loan Approval Date

10/17/2000

Loan Approval Gross Amount

$261,200

Loan Approval from the SBA

Of the total $261,200 loan amount, the SBA guaranteed $195,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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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