Commercial Loans for Broilers and Meat Type

Looking for commercial loans for broilers and meat type? Try the SBA. This $342,500 broilers and meat type loan was issued by a Mississippi bank.

This business knew how to go about getting a business bank loan. Based in Richton, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Community Bank, Ellisville, based in Laurel, Mississippi.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
RICHTON, MS 39476

SBA Loan Lender

COMMUNITY BANK, ELLISVILLE
5159 HWY 84, WEST
LAUREL, MS 39443

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans 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

6/4/2004

Loan Approval Gross Amount

$342,500

Loan Approval from the SBA

Of the total $342,500 loan amount, the SBA guaranteed $256,875.

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 2 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $342,500. How would you spend $342,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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SBA 7A Banks in Laurel, Mississippi

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