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May 13, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Operators Of Nonresidental Buildings Loan | ||||
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Millington, Tennessee Bank Loan
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Business Loans for Limited-Service RestaurantsLooking for business loans for limited-service restaurants? The SBA may be the answer. This $413,000 limited-service restaurants loan was issued by a Mississippi bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Millington, Tennessee was able to borrow $413,000 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $309,750 of this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: OPERATORS OF NONRESIDENTAL BUILDINGS SBA Loan Lender TRUSTMARK NATIONAL BANK This loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6512 - Operators of Nonresidental Buildings NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/22/2005 Loan Approval Gross Amount $413,000 Loan Approval from the SBA Of the total $413,000 loan amount, the SBA guaranteed $309,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels 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. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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 Banks in Jackson, Mississippi
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