Tylertown, Mississippi Business Gets SBA-Guaranteed Funding from Amsouth Bank, A Division Of

An SBA loan from Amsouth Bank, A Division Of typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tylertown, Mississippi business owner got a $105,900 loan.

Getting a small business loan in Tylertown, Mississippi was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Amsouth Bank, A Division Of, operating out of New Hebron, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
TYLERTOWN, MS 39667

SBA Loan Lender

AMSOUTH BANK, A DIVISION OF
501 MAIN ST
NEW HEBRON, MS 39140

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

1/23/2001

Loan Approval Gross Amount

$105,900

Loan Approval from the SBA

Of the total $105,900 loan amount, the SBA guaranteed $90,015.

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. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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