Raising Money for Broilers and Meat Type
Looking for bank loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $75,000 broilers and meat type loan was issued by a Mississippi bank.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Community Bank Of Mississippi, out of Raleigh, Mississippi. The loan was granted and they received $75,000 to help grow their Forest, Mississippi business.
SBA Loan Borrower
COMPANY TYPE: BROILERS AND MEAT TYPE
FOREST, MS 39074
SBA Loan Lender
COMMUNITY BANK OF MISSISSIPPI
210 MIMOSA DR
RALEIGH, MS 39153
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
6/4/2003
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This SBA loan was for $75,000. How would you spend $75,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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