Spring, Texas Business Gets SBA-Guaranteed Funding from Ge Cap. Small Business Finan Corp
Ge Cap. Small Business Finan Corp has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Spring, Texas was able to borrow $356,500 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $267,375 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: NONDURABLE GOODS WHOLESALERS
SPRING, TX 77386
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
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
422990 - Nondurable Goods Wholesalers
Loan Approval Date
6/24/2002
Loan Approval Gross Amount
$356,500
Loan Approval from the SBA
Of the total $356,500 loan amount, the SBA guaranteed $267,375.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ge Cap. Small Business Finan Corp and they will explain how you can get an SBA loan for your company.
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:
Strategic Investors
Who Lends Money to Small Businesses in St. Louis, Missouri
SBA Missouri Lenders