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May 16, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Broilers And Meat Type Loan | ||||
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Mississippi Small Business Funding
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Commercial Loans for Broilers and Meat TypeLooking for commercial loans for broilers and meat type? Try the SBA. This $370,000 broilers and meat type loan was issued by a Mississippi bank. This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Trustmark National Bank, out of Jackson, Mississippi. The loan was granted and they received $370,000 to help grow their Laurel, Mississippi business. SBA Loan Borrower COMPANY TYPE: BROILERS AND MEAT TYPE SBA Loan Lender TRUSTMARK NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 9/9/2002 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. 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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Trustmark National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: SBA 7A Banks for Jackson, Mississippi Loans
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