Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Louisiana SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Houma, Louisiana Lender Lends Money to Specialty Trade Contractors Company

Want to talk with a Houma, Louisiana bank about an SBA loan? Here's one Louisiana business loan, issued by a Houma bank, that was approved by the SBA.

Applying for an SBA loan with Synergy Bank worked out well for our friends at one local company in Houma, Louisiana. The business was able to get an SBA loan for $50,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
HOUMA, LA 70363

SBA Loan Lender

SYNERGY BANK
210 SYNERGY CENTER BLVD
HOUMA, LA 70360

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

9/6/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, if it to be, it is up to me!

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:

Equity Financing

Small Business Banks in Houma, Louisiana

SBA Louisiana Lenders