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May 16, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Landscaping Services Loan | ||||
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Mississippi SBA 7A Lenders
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Entrepreneur Works With Jackson, Mississippi Bank to Get an SBA LoanA Jackson, Mississippi small business loan can be yours. Learn how a business got a $40,300 business loan from this Mississippi bank. This loan to a local firm is a good example of an SBA loan. Trustmark National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Mississippi entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender TRUSTMARK NATIONAL BANK The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561730 - Landscaping Services Loan Approval Date 4/23/2003 Loan Approval Gross Amount $40,300 Loan Approval from the SBA Of the total $40,300 loan amount, the SBA guaranteed $20,150. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Best Jackson, Mississippi Banks for Small Business Getting a Business Loan in Mississippi
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