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May 19, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Pelahatchie, Mississippi?

 

 
Loan Census SBA Loan Info

Bank Loans for Broilers and Meat Type

Looking for bank loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $1,336,000 broilers and meat type loan was issued by a Mississippi bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Financial Bank, out of Carthage, Mississippi. The loan was granted and they received $1,336,000 to help grow their Pelahatchie, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
PELAHATCHIE, MS 39145

SBA Loan Lender

FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

4/23/2004

Loan Approval Gross Amount

$1,336,000

Loan Approval from the SBA

Of the total $1,336,000 loan amount, the SBA guaranteed $1,002,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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.

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