Business Loan from Ge Cap. Small Business Finan Corp Given to Flat Glass 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 Saint Augustine, Florida business owner got a $1,885,000 loan.
This small firm knew how to go about getting a business bank loan. Based in Saint Augustine, Florida, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri.
SBA Loan Borrower
COMPANY TYPE: FLAT GLASS MANUFACTURING
SAINT AUGUSTINE, FL 32084
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA guaranteed 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.
NAICS Code
327211 - Flat Glass Manufacturing
Loan Approval Date
9/24/2002
Loan Approval Gross Amount
$1,885,000
Loan Approval from the SBA
Of the total $1,885,000 loan amount, the SBA guaranteed $999,992.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help generate 35 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
How Equity Dilution Works
SBA 7A Banks for St. Louis, Missouri Loans
Getting a Business Loan in Missouri