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May 17, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Kenner, Business Loans > First Bank And Trust Kenner Business Loans > Women's Clothing Stores Loan | ||||
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Best Banks for Business Owners in Louisiana
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Louisiana SBA Loan Issued to Women's Clothing Stores CompanySmall business loans in Louisiana are are few and far betweeen these days. We take a look at one Louisiana small business loan, provided by a Louisiana bank, that was approved by the SBA. Getting a small business loan in Metairie, Louisiana was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Bank And Trust. Here are the details on this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender FIRST BANK AND TRUST This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448120 - Women's Clothing Stores Loan Approval Date 12/22/2004 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. 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 4 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: Accountant's Role in Securing Financing Who Lends Money to Small Businesses in Kenner, Louisiana Browse All Business Loan Sources for Louisiana
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