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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Commercial Loans for Fish and Seafood Merchant Wholesalers

Looking for commercial loans for fish and seafood merchant wholesalers? The SBA may be the answer. This $220,500 fish and seafood merchant wholesalers loan was issued by an Alabama bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Regions Bank, out of Birmingham, Alabama. The loan was granted and they received $220,500 to help grow their Boothville, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: FISH AND SEAFOOD MERCHANT WHOLESALERS
Boothville, LA 70038

SBA Loan Lender

REGIONS BANK
417 NORTH 20TH ST
BIRMINGHAM, AL 35203

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

424460 - Fish and Seafood Merchant Wholesalers

Loan Approval Date

3/27/2006

Loan Approval Gross Amount

$220,500

Loan Approval from the SBA

Of the total $220,500 loan amount, the SBA guaranteed $110,250.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

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

If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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