Professional, Scientific, and Technical Services Small Business Loans
With these small business loans for professional, scientific, and technical services, the SBA guarantees the lender that the loan will be repaid. This professional, scientific, and technical services loan for $210,000 was given to a Florida entrepreneur in 2001.
Getting a small business loan in Miami, Florida was important for Synergy Labs Inc back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ge Cap. Small Business Finan Corp, operating out of St. Louis, Missouri. Here are the details on this Florida small business loan.
SBA Loan Borrower
SYNERGY LABS INC
9831 EAST EVERGREEN ST
MIAMI, FL 33157
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA commercial 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
541990 - All Other Professional, Scientific, and Technical Services
Loan Approval Date
8/9/2001
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
More Information on This SBA Loan
The borrower, Synergy Labs Inc, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. This loan was paid in full, and was closed out on 11/30/2006.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Synergy Labs Inc needed a loan. Ge Cap. Small Business Finan Corp probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Ge Cap. Small Business Finan Corp made the loan. The end result was that Synergy Labs Inc was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Banking Deregulation's Effects on Entrepreneurship
SBA Participating Banks in St. Louis, Missouri
Missouri SBA Bank Lenders
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