Abbeville, Louisiana Bank Lends Money to General Long-Distance Freight Trucking Company in Maurice, Louisiana
Thinking about meeting with an Abbeville, Louisiana bank about a 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 firm in Maurice, Louisiana. They got an SBA loan for $80,800. Way to go!
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
MAURICE, LA 70510
SBA Loan Lender
GULF COAST BANK
221 S STATE ST
ABBEVILLE, LA 70510
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
484121 - General Long-Distance Freight Trucking
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $80,800 loan amount, the SBA guaranteed $68,680.
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 5 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $80,800 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.
A Company That Helps Entrepreneurs
Small Business Banks in Abbeville, Louisiana
Where to Get an SBA Loan Louisiana