Stayton, OR Entrepreneur Gets SBA Loan to Buy Matco Tools rent Tools Franchise
Borrowing money to invest in a Matco Tools rent Tools franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Matco Tools rent Tools franchise may simply require a phone call to a local SBA banker. In 2000, Ge Cap. Small Business Finan Corp issued an SBA franchise loan to an entrepreneur in Stayton, Oregon. Because Matco Tools rent Tools was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.
SBA Loan Borrower
PAUL JONES TOOLS & EQUIPMENT
STAYTON, OR 97383
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7359 - Equipment Rental and Leasing
NAICS Code
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
10/24/2000
Loan Approval Gross Amount
$57,000
Loan Approval from the SBA
Of the total $57,000 loan amount, the SBA guaranteed $45,600.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Matco Tools
A Company That Helps Entrepreneurs
SBA Banks in St. Louis, Missouri
Missouri SBA Bank Lenders