Mississippi SBA Loan Issued to Broilers And Meat Type Company
MississippiSmall business loans are available to Mississippi small business owners through the SBA. In this case, a Mississippi bank provides the loan.
You can learn something about getting a small business loan in Pelahatchie, Mississippi by studying this loan to a local company, made back in 2005. Banks like Hancock Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILERS AND MEAT TYPE
PELAHATCHIE, MS 39145
SBA Loan Lender
HANCOCK BANK
2510 14TH ST
GULFPORT, MS 39501
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.
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
1/25/2005
Loan Approval Gross Amount
$898,100
Loan Approval from the SBA
Of the total $898,100 loan amount, the SBA guaranteed $673,575.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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:
Raising Venture Capital
SBA 7A Lenders in Gulfport, Mississippi
Mississippi SBA 7A Lenders