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May 9, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Hattiesburg, Business Loans > Bancorpsouth Bank Hattiesburg Business Loans > Florists Loan | ||||
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SBA Lender Hattiesburg, Mississippi
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Hattiesburg, Mississippi Bank Lends Money to Florists Company in Sumrall, MississippiGet small business loans from a Hattiesburg, Mississippi bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Bancorpsouth Bank is a Hattiesburg, Mississippi small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Mississippi company. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender BANCORPSOUTH BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 4/22/2005 Loan Approval Gross Amount $62,472 Loan Approval from the SBA Of the total $62,472 loan amount, the SBA guaranteed $53,101. 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees 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. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $62,472 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Hattiesburg, Mississippi
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