Floor Covering Stores Bank Loans

Looking for bank loans for floor covering stores? An SBA loan may be just what you've been looking for. This $740,000 floor covering stores loan was issued by a Missouri bank.

This company knew how to go about getting a business bank loan. Based in Poway, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri.

SBA Loan Borrower

COMPANY TYPE: FLOOR COVERING STORES
POWAY, CA 92064

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

9/20/2000

Loan Approval Gross Amount

$740,000

Loan Approval from the SBA

Of the total $740,000 loan amount, the SBA guaranteed $555,000.

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 22 employees. The SBA loan application for the borrower indicated that the loan would help retain 22 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Poway CA, you ought to talk with a local Poway SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Poway businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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