Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Requirements for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Tortilla Manufacturing Business Loans

Looking for business loans for tortilla manufacturing? The SBA may be the answer. This $205,000 tortilla manufacturing loan was issued by a Missouri bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Manassas Park, Virginia was able to borrow $205,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $153,750 of this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: TORTILLA MANUFACTURING
MANASSAS PARK, VA 20111

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.

NAICS Code

311830 - Tortilla Manufacturing

Loan Approval Date

10/26/2001

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

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 45 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 45 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Manassas Park VA, you ought to talk with a local Manassas Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Manassas Park businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Role of Business Plan When Raising Money

Small Business Banks in St. Louis, Missouri

SBA Missouri Banks