Borrow Money to Buy a Matco Tools rent Tools Franchise
Borrowing money to invest in a Matco Tools rent Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Matco Tools rent Tools franchise requires some effort but others before you have been successful. In 2001, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Norwalk, Connecticut. Because Matco Tools rent Tools was registered with the SBA's registry of franchises, this Connecticut small business loan was issued on an expedited basis.
SBA Loan Borrower
JOSEPH POLKA, JR.AND SUSAN POL
NORWALK, CT 06851
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
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
454390 - Direct Selling Establishments
Loan Approval Date
6/8/2001
Loan Approval Gross Amount
$129,800
Loan Approval from the SBA
Of the total $129,800 loan amount, the SBA guaranteed $110,330.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Norwalk or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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Matco Tools
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