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November 14, 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 > Help Supply Services Loan | ||||
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Business Loans for Pompano Beach Business Owners
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Where to Get Capital for Temporary Help ServicesWith these small business loans for temporary help services, the SBA guarantees the lender that the loan will be repaid. This temporary help services loan for $1,100,000 was given to a Florida entrepreneur in 2000. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $1,100,000 to help grow their Pompano Beach, Florida business. SBA Loan Borrower COMPANY TYPE: HELP SUPPLY SERVICES 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. SIC Code 7363 - Help Supply Services NAICS Code 561320 - Temporary Help Services Loan Approval Date 1/11/2000 Loan Approval Gross Amount $1,100,000 Loan Approval from the SBA Of the total $1,100,000 loan amount, the SBA guaranteed $749,980. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 50 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 60 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best St. Louis, Missouri Banks for Small Business Getting a Business Loan in Missouri
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