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April 27, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > New Orleans, Business Loans > Gulf Coast Bank & Trust New Orleans Business Loans > Lessors Of Residential Buildingsv And Dwellings Loan | ||||
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Examples of Jefferson (census Name For Jef SBA Loans
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Lessors of Residential Buildingsv and Dwellings Small Business LoansWith these small business loans for lessors of residential buildingsv and dwellings, the SBA guarantees the lender that the loan will be repaid. This lessors of residential buildingsv and dwellings loan for $150,000 was given to a Louisiana entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Jefferson (census Name For Jef, Louisiana was able to borrow $150,000 from Gulf Coast Bank & Trust. The SBA made the loan possible by guaranteeing $127,500 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: LESSORS OF RESIDENTIAL BUILDINGSV AND DWELLINGS SBA Loan Lender GULF COAST BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small 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 531110 - Lessors of Residential Buildingsv and Dwellings Loan Approval Date 12/19/2005 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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $150,000. How would you spend $150,000 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. Related Links: Determining Proper Capital Structure for a Business Find an SBA Lender in New Orleans, Louisiana Getting an SBA Loan in Louisiana
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