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May 10, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Flowood, Business Loans > Community Bank Of Mississippi Flowood Business Loans > Nail Salons Loan | ||||
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Get Commercial Loans in Richland, Mississippi
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Growing Company Gets a Mississippi Business LoanMississippiBank loans are available to Mississippi firms through the SBA. In this case, a Mississippi bank provides the loan. Getting a small business loan in Richland, Mississippi was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Mississippi. Here are the details on this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender COMMUNITY BANK OF MISSISSIPPI This business 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 812113 - Nail Salons Loan Approval Date 6/21/2005 Loan Approval Gross Amount $153,300 Loan Approval from the SBA Of the total $153,300 loan amount, the SBA guaranteed $114,975. 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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Richland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Banks in Flowood, Mississippi
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