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November 14, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Commercial Lithographic Printing Loan | ||||
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NC Business Loan from Ge Cap. Small Business Finan Corp
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Business Loan from Ge Cap. Small Business Finan Corp Given to Commercial Lithographic Printing CompanyGe Cap. Small Business Finan Corp and the SBA work together to get business loans for growing small businesses. Here's an example of how a North Carolina entrepreneur was able to get a loan to take a small business to the next level. This business knew how to go about getting a business bank loan. Based in Raleigh, North Carolina, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri. SBA Loan Borrower COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING 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. NAICS Code 323110 - Commercial Lithographic Printing Loan Approval Date 11/17/2004 Loan Approval Gross Amount $525,500 Loan Approval from the SBA Of the total $525,500 loan amount, the SBA guaranteed $394,125. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Raleigh NC, you ought to talk with a local Raleigh SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Raleigh businesses. We can help you find the best banks for small businesses in Raleigh 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: Determining Proper Capital Structure for a Business Find an SBA Lender in St. Louis, Missouri
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