Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Tips for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Building Inspection Services Business Loans

Looking for business loans for building inspection services? Try the SBA. This $330,000 building inspection services loan was issued by a Mississippi bank.

This business knew how to go about getting a business bank loan. Based in Brookhaven, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was State Bank & Trust Company, based in Greenwood, Mississippi.

SBA Loan Borrower

COMPANY TYPE: BUILDING INSPECTION SERVICES
BROOKHAVEN, MS 39601

SBA Loan Lender

STATE BANK & TRUST COMPANY
916 HWY 82 BY-PASS
GREENWOOD, MS 38930

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541350 - Building Inspection Services

Loan Approval Date

2/27/2004

Loan Approval Gross Amount

$330,000

Loan Approval from the SBA

Of the total $330,000 loan amount, the SBA guaranteed $247,500.

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 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Brookhaven MS, you ought to talk with a local Brookhaven SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brookhaven businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $330,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Obtaining Funding - Getting Venture Capital

Banks in Greenwood, Mississippi

Browse All Business Loan Sources for Mississippi