Abbeville, Louisiana Bank Gives SBA Loan to Highway, Street, And Bridge Construction Company
Get business loans from an Abbeville, Louisiana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Gulf Coast Bank is a Abbeville, Louisiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Louisiana company.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION
Lafayette, LA 70503
SBA Loan Lender
GULF COAST BANK
221 S STATE ST
ABBEVILLE, LA 70510
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
237310 - Highway, Street, and Bridge Construction
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
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