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December 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Activities Related To Real Estate Loan | ||||
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Banks for Plymouth Meeting Small Businesses
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Growing Company Gets a Pennsylvania SBA LoanPennsylvaniaBank loans are available to Pennsylvania firms through the SBA. In this case, a Missouri bank provides the loan. By giving the right information to Ge Cap. Small Business Finan Corp, this Plymouth Meeting, Pennsylvania business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This lender provides SBA commercial 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 531390 - Activities Related to Real Estate Loan Approval Date 10/25/2002 Loan Approval Gross Amount $1,400,000 Loan Approval from the SBA Of the total $1,400,000 loan amount, the SBA guaranteed $999,992. 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 55 employees. The loan application indicated that the loan would help retain 55 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company. 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: Accountant's Role in Securing Financing Who Lends Money to Small Businesses in St. Louis, Missouri Find an SBA Lender in Missouri
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