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May 3, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Abbeville, Business Loans > Gulf Coast Bank Abbeville Business Loans > Prepared Fresh Or Frozen Fish And Seafoods Loan | ||||
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Raising Money in Abbeville, Louisiana With SBA Loans
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Financing for Fresh and Frozen Seafood ProcessingLooking for loans for fresh and frozen seafood processing? Try the SBA. This $50,000 fresh and frozen seafood processing loan was issued by a Louisiana bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Gulf Coast Bank, out of Abbeville, Louisiana. The loan was granted and they received $50,000 to help grow their Abbeville, Louisiana business. SBA Loan Borrower COMPANY TYPE: PREPARED FRESH OR FROZEN FISH AND SEAFOODS SBA Loan Lender GULF COAST BANK This debt financing was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2092 - Prepared Fresh or Frozen Fish and Seafoods NAICS Code 311712 - Fresh and Frozen Seafood Processing Loan Approval Date 1/29/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 17 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Gulf Coast Bank and they will explain how you can get an SBA loan for your company. 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: Banking Deregulation's Effects on Entrepreneurship Best Banks in Abbeville, Louisiana
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