Where to Get Capital for Broilers and Meat Type

Looking for small business loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $610,794 broilers and meat type loan was issued by a Mississippi bank.

This small firm knew how to go about getting a business bank loan. Based in Lena, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Financial Bank, based in Carthage, Mississippi.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
LENA, MS 39094

SBA Loan Lender

FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

8/27/2004

Loan Approval Gross Amount

$610,794

Loan Approval from the SBA

Of the total $610,794 loan amount, the SBA guaranteed $458,096.

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. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $610,794 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:

Accountant's Role in Securing Financing

Best Banks for Small Business in Carthage, Mississippi

Getting an SBA Loan in Mississippi