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November 21, 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 > Conveyors And Conveying Equipment Loan | ||||
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St. Louis Bank Loan
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St. Louis, Missouri Bank Gives SBA Loan to Conveyors And Conveying Equipment CompanyA St. Louis, Missouri small business loan can be yours. Learn how a company got a $1,190,000 business loan from this Missouri bank. This loan to an entrepreneur is a good example of an SBA loan. Ge Cap. Small Business Finan Corp made the loan and the SBA guaranteed a portion of the loan. Many other Kentucky entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: CONVEYORS AND CONVEYING EQUIPMENT SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP 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 3535 - Conveyors and Conveying Equipment NAICS Code 333922 - Conveyor and Conveying Equipment Manufacturing Loan Approval Date 8/9/2000 Loan Approval Gross Amount $1,190,000 Loan Approval from the SBA Of the total $1,190,000 loan amount, the SBA guaranteed $749,997. 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 58 employees. This SBA loan request indicated that the loan would help retain 58 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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 $1,190,000 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: Dealing With Venture Capitalists SBA 7A Banks for St. Louis, Missouri Loans SBA Participating Banks in Missouri
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