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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Comfort Inn Loan | ||||
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SBA 7A Banks for Sacramento Franchisees
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Sacramento, CA Entrepreneur Gets SBA Loan to Buy Comfort Suites FranchiseBorrowing money to purchase a Comfort Suites franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA. Comfort Suites franchise loans are available to Sacramento, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Comfort Suites franchise in 2000. We've got all the details on this California small business loan. SBA Loan Borrower COMFORT INN SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 6/23/2000 Loan Approval Gross Amount $1,576,500 Loan Approval from the SBA Of the total $1,576,500 loan amount, the SBA guaranteed $749,988. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Comfort Suites franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - How to Decide How Much to Raise Small Business Banks in St. Louis, Missouri
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