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May 10, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Arcadia, Business Loans > Louisiana Ag Credit, Pca Arcadia Business Loans > Poultry And Eggs Loan | ||||
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Arcadia Lenders
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Arcadia, Louisiana Lender Lends Money to Poultry And Eggs CompanyAn Arcadia, Louisiana business loan can be yours. Learn how a business got a $340,000 business loan from this Louisiana bank. This loan to an entrepreneur is a good example of an SBA loan. Louisiana Ag Credit, Pca made the loan and the SBA guaranteed a portion of the loan. Many other Louisiana entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: POULTRY AND EGGS SBA Loan Lender LOUISIANA AG CREDIT, PCA The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0259 - Poultry and Eggs NAICS Code 112390 - Poultry Production Loan Approval Date 11/5/2001 Loan Approval Gross Amount $340,000 Loan Approval from the SBA Of the total $340,000 loan amount, the SBA guaranteed $255,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient promised 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. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Louisiana Ag Credit, Pca and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 Arcadia, Louisiana
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