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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 > General Automotive Repair Shops Loan | ||||
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Missouri SBA Banks
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St. Louis, Missouri Bank Lends Money to General Automotive Repair Shops Company in Louisville, KentuckyFind St. Louis, Missouri banks that specialize in SBA loans and know how to work with entrepreneurs. Ge Cap. Small Business Finan Corp is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Louisville, Kentucky starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Ge Cap. Small Business Finan Corp. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SHOPS 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 7538 - General Automotive Repair Shops NAICS Code 811111 - General Automotive Repair Loan Approval Date 8/2/2000 Loan Approval Gross Amount $393,500 Loan Approval from the SBA Of the total $393,500 loan amount, the SBA guaranteed $295,125. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding. This SBA loan was for $393,500. How would you spend $393,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Banks for Small Business in St. Louis, Missouri
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