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May 17, 2024  
 
 
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Getting a Small Business Loan in Jackson, Mississippi

 

 
Loan Census SBA Loan Info

Mississippi SBA Loan Issued to Optical Goods Stores Company

SBA loans in Mississippi are are few and far betweeen these days. We take a look at one Mississippi SBA loan, provided by a Mississippi bank, that was approved by the SBA.

You can learn something about getting a small business loan in Jackson, Mississippi by studying this loan to a local business, made back in 2005. Banks like Trustmark National Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTICAL GOODS STORES
JACKSON, MS 39216

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This SBA loan 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.

NAICS Code

446130 - Optical Goods Stores

Loan Approval Date

12/29/2005

Loan Approval Gross Amount

$39,300

Loan Approval from the SBA

Of the total $39,300 loan amount, the SBA guaranteed $33,405.

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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Jackson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Find an SBA Lender in Jackson, Mississippi

Mississippi SBA Banks