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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 > Computer And Office Machine Repair And Maintenance Loan | ||||
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Small Business Banks for Laurel, Mississippi Businesses
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Laurel, Mississippi Entrepreneur Gets a Small Business LoanMississippiBusiness loans are available to Mississippi business owners through the SBA. In this case, a Mississippi bank provides the loan. Getting a small business loan in Laurel, Mississippi was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank. Here are the details on this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER AND OFFICE MACHINE REPAIR AND MAINTENANCE SBA Loan Lender TRUSTMARK NATIONAL BANK This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 811212 - Computer and Office Machine Repair and Maintenance Loan Approval Date 2/15/2001 Loan Approval Gross Amount $10,200 Loan Approval from the SBA Of the total $10,200 loan amount, the SBA guaranteed $5,100. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Trustmark National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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
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