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December 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Electrical Apparatus, Equipment, Wiring Supplies And Construction Materials Loan | ||||
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Raising Money in Miami, Florida With SBA Loans
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How to Get a Loan for Electrical Apparatus, Equipment, Wiring Supplies and Construction MaterialsLooking for business loans for electrical apparatus, equipment, wiring supplies and construction materials? An SBA loan may be just what you've been looking for. This $1,320,000 electrical apparatus, equipment, wiring supplies and construction materials loan was issued by a Missouri bank. This small business knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri. SBA Loan Borrower COMPANY TYPE: ELECTRICAL APPARATUS, EQUIPMENT, WIRING SUPPLIES AND CONSTRUCTION MATERIALS 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. NAICS Code 421610 - Electrical Apparatus, Equipment, Wiring Supplies and Construction Materials Loan Approval Date 1/23/2002 Loan Approval Gross Amount $1,320,000 Loan Approval from the SBA Of the total $1,320,000 loan amount, the SBA guaranteed $990,000. 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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $1,320,000. How would you spend $1,320,000 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: Determining Proper Capital Structure for a Business SBA 7A Banks in St. Louis, Missouri
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