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May 8, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Laurel, Business Loans > Community Bank, Ellisville Laurel Business Loans > Broilers And Meat Type Loan | ||||
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Laurel Lenders
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Laurel, Mississippi Bank Lends Money to Broilers And Meat Type Company in Soso, MississippiGet small business loans from a Laurel, Mississippi bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Community Bank, Ellisville is a Laurel, Mississippi small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Mississippi company. SBA Loan Borrower COMPANY TYPE: BROILERS AND MEAT TYPE SBA Loan Lender COMMUNITY BANK, ELLISVILLE The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business 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 11/3/2004 Loan Approval Gross Amount $549,100 Loan Approval from the SBA Of the total $549,100 loan amount, the SBA guaranteed $411,825. 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. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you need seed money for 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: Advice on Getting a Small Business Loan SBA Participating Banks in Laurel, Mississippi
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