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May 15, 2024  
 
 
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Loan Census SBA Loan Info

Financing for Telemarketing Bureaus and Contact Centers

With these loans for telemarketing bureaus and contact centers, the SBA guarantees the lender that the loan will be repaid. This telemarketing bureaus and contact centers loan for $25,000 was given to a Mississippi entrepreneur in 2006.

Getting a small business loan in Madison, Mississippi was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from State Bank & Trust Company, operating out of Greenwood, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: TELEMARKETING BUREAUS AND CONTACT CENTERS
MADISON, MS 38930

SBA Loan Lender

STATE BANK & TRUST COMPANY
916 HWY 82 BY-PASS
GREENWOOD, MS 38930

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 business 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

561422 - Telemarketing Bureaus and Contact Centers

Loan Approval Date

6/29/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 44 employees. The SBA loan application for the borrower indicated that the loan would help generate 23 new jobs and retain 23 existing jobs.

Getting an SBA Loan For Your Business

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

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 State Bank & Trust Company 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.

Related Links:

Investor Turnoffs

Who Lends Money to Small Businesses in Greenwood, Mississippi

Mississippi SBA Banks