Getting an SBA Loan for Broilers and Meat Type

Looking for commercial loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $546,400 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 2004. They applied for an SBA loan with Peoples Bank, out of Magee, Mississippi. The loan was granted and they received $546,400 to help grow their Magee, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
MAGEE, MS 39111

SBA Loan Lender

PEOPLES BANK
611 5TH AVE
MAGEE, MS 39111

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

4/29/2004

Loan Approval Gross Amount

$546,400

Loan Approval from the SBA

Of the total $546,400 loan amount, the SBA guaranteed $409,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 Peoples 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.

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