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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Back Yard Burgers Loan | ||||
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Ge Cap. Small Business Finan Corp Small Business Franchise Loan
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Lexington, KY Entrepreneur Gets SBA Loan to Buy Back Yard Burgers FranchiseNeed money to purchase a Back Yard Burgers franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Back Yard Burgers franchise? If so, here's a 2000 SBA franchise loan that you should know about. Ge Cap. Small Business Finan Corp was the lender and the entrepreneur was based in Lexington, Kentucky. SBA Loan Borrower BACK YARD BURGERS SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP 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. SIC Code 5812 - Eating Places Loan Approval Date 5/25/2000 Loan Approval Gross Amount $1,112,000 Loan Approval from the SBA Of the total $1,112,000 loan amount, the SBA guaranteed $772,217. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Back Yard Burgers franchise. At the time of the loan, the company had 35 employees. This SBA loan request indicated that the loan would help generate 40 new jobs and retain 35 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: Best St. Louis, Missouri Banks for Small Business
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