St. Louis, Missouri Bank Lends Money to Floor Covering Stores Company in Phoenix, Arizona
Get small business loans from a St. Louis, Missouri bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Ge Cap. Small Business Finan Corp is a St. Louis, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arizona company.
SBA Loan Borrower
COMPANY TYPE: FLOOR COVERING STORES
PHOENIX, AZ 85017
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5713 - Floor Covering Stores
NAICS Code
442210 - Floor Covering Stores
Loan Approval Date
4/24/2000
Loan Approval Gross Amount
$412,000
Loan Approval from the SBA
Of the total $412,000 loan amount, the SBA guaranteed $309,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $412,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Business Incubators
SBA Approved Banks in St. Louis, Missouri
SBA Missouri Banks