Pennsylvania Business Loan Issued to Plastics Bottles Company

Would a Pennsylvania business loan help your company expand? If so, you may want to talk with this Missouri bank, which offers SBA loans to Pennsylvania entrepreneurs.

Getting a small business loan in Philadelphia, Pennsylvania was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS BOTTLES
PHILADELPHIA, PA 19120

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3085 - Plastics Bottles

NAICS Code

326160 - Plastics Bottle Manufacturing

Loan Approval Date

3/21/2001

Loan Approval Gross Amount

$1,046,000

Loan Approval from the SBA

Of the total $1,046,000 loan amount, the SBA guaranteed $784,500.

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 73 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Philadelphia 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.

Related Links:

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Small Bank Loans in St. Louis, Missouri

SBA Missouri Banks