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May 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Oil And Gas Pipeline And Related Structures Construction Loan | ||||
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Tips for Entrepreneurs On Getting a Loan
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Small Business Loans for Oil and Gas Pipeline and Related Structures ConstructionLooking for small business loans for oil and gas pipeline and related structures construction? An SBA loan may be just what you've been looking for. This $100,000 oil and gas pipeline and related structures construction loan was issued by a Mississippi bank. Getting a small business loan in Crosby, Texas was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank, operating out of Jackson, Mississippi. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: OIL AND GAS PIPELINE AND RELATED STRUCTURES CONSTRUCTION SBA Loan Lender TRUSTMARK NATIONAL BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 237120 - Oil and Gas Pipeline and Related Structures Construction Loan Approval Date 7/25/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: Who Lends Money to Small Businesses in Jackson, Mississippi
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