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May 14, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Bogalusa, Business Loans > Parish National Bank Bogalusa Business Loans > Pharmacies And Drug Stores Loan | ||||
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Parish National Bank Small Business Covington, LA
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Business Loan from Parish National Bank Given to Pharmacies And Drug Stores CompanyAn SBA loan from Parish National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Covington, Louisiana business owner got a $150,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Covington, Louisiana was able to borrow $150,000 from Parish National Bank. The SBA made the loan possible by guaranteeing $127,500 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender PARISH NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446110 - Pharmacies and Drug Stores Loan Approval Date 12/14/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the borrowed money would help create 3 new jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Realistic Debt Financing Options SBA 7A Banks for Bogalusa, Louisiana Loans Browse All Business Loan Sources for Louisiana
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