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May 15, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Chalmette, Business Loans > First Bank And Trust Chalmette Business Loans > Shellfish Fishing Loan | ||||
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Raising Money in Ocean Springs, Mississippi With SBA Loans
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Loans for Shellfish FishingLooking for loans for shellfish fishing? Talk to a banker who works with the SBA. This $710,000 shellfish fishing loan was issued by a Louisiana bank. This company knew how to go about getting a business bank loan. Based in Ocean Springs, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Bank And Trust, based in Chalmette, Louisiana. SBA Loan Borrower COMPANY TYPE: SHELLFISH FISHING SBA Loan Lender FIRST BANK AND TRUST This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 114112 - Shellfish Fishing Loan Approval Date 12/6/2000 Loan Approval Gross Amount $710,000 Loan Approval from the SBA Of the total $710,000 loan amount, the SBA guaranteed $532,500. 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 2 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $710,000. How would you spend $710,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks in Chalmette, Louisiana
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