Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

Trustmark National Bank Business Loan Brookhaven

 

 
Loan Census SBA Loan Info

SBA Loan from Trustmark National Bank Helps Broiler, Fryer, And Roaster Chickens Company

An SBA loan from Trustmark National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brookhaven, Mississippi business owner got a $1,210,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brookhaven, Mississippi was able to borrow $1,210,000 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $907,500 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
BROOKHAVEN, MS 39601

SBA Loan Lender

TRUSTMARK NATIONAL BANK
2425 HWY 80 EAST
PEARL, MS 39208

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0251 - Broiler, Fryer, and Roaster Chickens

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

11/3/2006

Loan Approval Gross Amount

$1,210,000

Loan Approval from the SBA

Of the total $1,210,000 loan amount, the SBA guaranteed $907,500.

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 2 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan 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 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:

A Company That Helps Entrepreneurs

Small Bank Loans in Pearl, Mississippi

SBA Mississippi Lenders