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April 26, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Pizza Inn Loan | ||||
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How to Get SBA Loans in Madison, Mississippi
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Trustmark National Bank Provides SBA Loan to Buy Pizza Inn FranchiseBorrowing money to buy a Pizza Inn franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Pizza Inn franchise? If so, here's a 2004 SBA franchise loan that you should know about. Trustmark National Bank was the lender and the entrepreneur was based in Madison, Mississippi. SBA Loan Borrower PIZZA INN SBA Loan Lender TRUSTMARK NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/1/2004 Loan Approval Gross Amount $333,500 Loan Approval from the SBA Of the total $333,500 loan amount, the SBA guaranteed $250,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pizza Inn franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: Role of Business Plan When Raising Money Where to Get an SBA Loan in Jackson, Mississippi
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