Ge Cap. Small Business Finan Corp SBA Loan to Gasoline Service Stations Company

Searching for a Washington business loan? Here's one Washington business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Redmond, Washington, they applied for and were given 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: GASOLINE SERVICE STATIONS
REDMOND, WA 98055

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This lender provides SBA bank 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.

SIC Code

5541 - Gasoline Service Stations

Loan Approval Date

3/27/2000

Loan Approval Gross Amount

$524,500

Loan Approval from the SBA

Of the total $524,500 loan amount, the SBA guaranteed $184,781.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 35 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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 $524,500 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.

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