Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Carthage, Mississippi SBA Banks

 

 
Loan Census SBA Loan Info

Carthage, Mississippi Bank Lends Money to Broilers And Meat Type Company in Mendenhall, Mississippi

Want to talk with a Carthage, Mississippi bank about an SBA loan? Here's one Mississippi business loan, issued by a Carthage bank, that was approved by the SBA.

Applying for an SBA loan with First Financial Bank worked out well for our friends at one local firm in Mendenhall, Mississippi. They got an SBA loan for $35,500. Great job!

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
MENDENHALL, MS 39114

SBA Loan Lender

FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

5/12/2005

Loan Approval Gross Amount

$35,500

Loan Approval from the SBA

Of the total $35,500 loan amount, the SBA guaranteed $30,175.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Mendenhall MS, you ought to talk with a local Mendenhall SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mendenhall businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

A Company That Helps Entrepreneurs

SBA Banks in Carthage, Mississippi

Mississippi SBA 7A Banks