Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

NC Small Business Loans from Ge Cap. Small Business Finan Corp

 

 
Loan Census SBA Loan Info

Ge Cap. Small Business Finan Corp SBA Loan to Plastics Pipe And Pipe Fitting Manufacturing Company

An SBA loan from Ge Cap. Small Business Finan Corp typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Roseboro, North Carolina business owner got a $375,000 loan.

Getting a small business loan in Roseboro, North Carolina was an essential business goal for this firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp, operating out of St. Louis, Missouri. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PIPE AND PIPE FITTING MANUFACTURING
ROSEBORO, NC 28382

SBA Loan Lender

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

This lender provides SBA 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

326122 - Plastics Pipe and Pipe Fitting Manufacturing

Loan Approval Date

10/12/2001

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

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 SBA loan application for the borrower indicated that the loan would help retain 55 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Ge Cap. Small Business Finan Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

SBIR Funding

Banks in St. Louis, Missouri

SBA Lenders in Missouri