Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Harahan, Louisiana Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Harahan, Louisiana Lender Lends Money to Health Practitioners Company

Get to know Harahan, Louisiana banks that specialize in SBA loans and know how to work with entrepreneurs. A S I Fcu is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Metairie, Louisiana starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from A S I Fcu. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
METAIRIE, LA 70006

SBA Loan Lender

A S I FCU
5508 CITRUS BLVD
HARAHAN, LA 70123

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 commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

8/1/2006

Loan Approval Gross Amount

$47,000

Loan Approval from the SBA

Of the total $47,000 loan amount, the SBA guaranteed $39,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $47,000 loan. Remember, you control your own destiny.

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:

Bank Credit Lines

SBA Banks in Harahan, Louisiana

Getting an SBA Loan in Louisiana