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May 14, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Excavation Contractors Loan | ||||
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Business Loans for Ridgeland Business Owners
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Excavation Contractors LoansLooking for loans for excavation contractors? Try the SBA. This $10,200 excavation contractors loan was issued by a Mississippi bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ridgeland, Mississippi was able to borrow $10,200 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $5,100 of this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: EXCAVATION CONTRACTORS SBA Loan Lender TRUSTMARK NATIONAL BANK This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 235930 - Excavation Contractors Loan Approval Date 4/9/2003 Loan Approval Gross Amount $10,200 Loan Approval from the SBA Of the total $10,200 loan amount, the SBA guaranteed $5,100. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. 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. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Participating Banks in Jackson, Mississippi
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