 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Ge Cap. Small Business Finan Corp St. Louis Business Loans | ||||
 |
||||
Ge Cap. Small Business Finan Corp Business Loan Austin, Texas
|
||||
 |
SBA Loan from Ge Cap. Small Business Finan Corp Helps Austin Produce IncGe Cap. Small Business Finan Corp is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Texas entrepreneur who tapped into the power of SBA loans.
Austin Produce Inc knew how to go about getting a business bank loan. Based in Austin, Texas, 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 AUSTIN PRODUCE INC SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422420 - Packaged Frozen Food Wholesalers Loan Approval Date 11/1/2002 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower, Austin Produce Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 51 employees. The SBA loan documents indicated that the loan would help retain 51 existing jobs. This loan was paid in full, and was closed out on 4/14/2004. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to Austin Produce Inc to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Best Banks in St. Louis, Missouri Where to Get an SBA Loan Missouri If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
|
|
||
|
||||
|
|
||||
