Loan Census Banking News and Information
January 29, 2023  
 
 
  Business Loan Information  
 

SBA Lender Abbeville

 

 
Loan Census SBA Loan Info

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.

NAICS Code

541710 -

Loan Approval Date

6/4/2004

Loan Approval Gross Amount

$286,600

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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