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May 16, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Carthage, Business Loans > First Financial Bank Carthage Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
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Banks Doing SBA Loans in Mississippi
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Carthage, Mississippi Bank Gives SBA Loan to Broiler, Fryer, And Roaster Chickens CompanyThinking about meeting with a Carthage, Mississippi bank about a business loan? Here's one Mississippi business loan, issued by a Carthage bank, that was approved by the SBA. Applying for an SBA loan with First Financial Bank worked out well for our friends at one local company in Forest, Mississippi. They received an SBA loan for $362,500. Way to go! SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender FIRST FINANCIAL BANK This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0251 - Broiler, Fryer, and Roaster Chickens NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 6/11/2002 Loan Approval Gross Amount $362,500 Loan Approval from the SBA Of the total $362,500 loan amount, the SBA guaranteed $271,875. More Information on This SBA Loan The borrower borrowed this money for an existing 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 business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Determining Proper Capital Structure for a Business SBA Banks in Carthage, Mississippi
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