 |
 |
May 17, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
 |
||||
Laurel, Mississippi Bank for SBA Loans
|
||||
 |
Trustmark National Bank Gives Business Loan to Broiler, Fryer, And Roaster Chickens CompanyMississippiSmall business loans are available to Mississippi small business owners through the SBA. In this case, a Mississippi bank provides the loan. By giving the right information to Trustmark National Bank, this Laurel, Mississippi business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender TRUSTMARK NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0251 - Broiler, Fryer, and Roaster Chickens NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 6/16/2003 Loan Approval Gross Amount $681,164 Loan Approval from the SBA Of the total $681,164 loan amount, the SBA guaranteed $510,873. 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 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business 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. We can help you find the best banks for small businesses in Laurel or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks for Small Business in Jackson, Mississippi
|
|
||
|
||||
|
|
||||