Entrepreneur Works With St. Louis, Missouri Bank to Get an SBA Loan
Thinking about meeting with a St. Louis, Missouri bank about a business loan? Here's one Louisiana business loan, issued by a St. Louis bank, that was approved by the SBA.
Applying for an SBA loan with Ge Cap. Small Business Finan Corp worked out well for our friends at one local business in Livingston, Louisiana. They got an SBA loan for $560,000. Nice!
SBA Loan Borrower
COMPANY TYPE: WRECKING AND DEMOLITION WORK
LIVINGSTON, LA 70754
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA business 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
1795 - Wrecking and Demolition Work
NAICS Code
235940 - Wrecking and Demolition Contractors
Loan Approval Date
9/20/2000
Loan Approval Gross Amount
$560,000
Loan Approval from the SBA
Of the total $560,000 loan amount, the SBA guaranteed $420,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Ge Cap. Small Business Finan Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Direct Public Offerings
SBA 7A Banks for St. Louis, Missouri Loans
SBA Lenders in Missouri