How to Get a Loan for Soft Drink Manufacturing
Looking for commercial loans for soft drink manufacturing? The SBA may be the answer. This $107,000 soft drink manufacturing loan was issued by a Louisiana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scott, Louisiana was able to borrow $107,000 from Gulf Coast Bank. The SBA made the loan possible by guaranteeing $90,950 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: SOFT DRINK MANUFACTURING
SCOTT, LA 70583
SBA Loan Lender
GULF COAST BANK
221 S STATE ST
ABBEVILLE, LA 70510
This lender issued this particular loan for a small business 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.
312111 - Soft Drink Manufacturing
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $107,000 loan amount, the SBA guaranteed $90,950.
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 3 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $107,000. How would you spend $107,000 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.
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