Abbeville, Louisiana Lender Lends Money to No Industry Type Specified Company
Want to talk with an Abbeville, Louisiana bank about a small business loan? Here's one Louisiana business loan, issued by an Abbeville bank, that was approved by the SBA.
Applying for an SBA loan with Gulf Coast Bank worked out well for our friends at one local business in Lafayette, Louisiana. The business was able to get an SBA loan for $286,600. Sweet!
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
LAFAYETTE, LA 70503
SBA Loan Lender
GULF COAST BANK
221 S STATE ST
ABBEVILLE, LA 70510
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $286,600 loan amount, the SBA guaranteed $214,950.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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