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May 14, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Waynesboro, Business Loans > Great Southern National Bank Waynesboro Business Loans > Wood Container And Pallet Manufacturing Loan | ||||
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Mississippi Small Business Funding
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Borrowing Money for Wood Container and Pallet ManufacturingLooking for small business loans for wood container and pallet manufacturing? Try the SBA. This $893,500 wood container and pallet manufacturing loan was issued by a Mississippi bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waynesboro, Mississippi was able to borrow $893,500 from Great Southern National Bank. The SBA made the loan possible by guaranteeing $670,125 of this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING SBA Loan Lender GREAT SOUTHERN NATIONAL BANK This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321920 - Wood Container and Pallet Manufacturing Loan Approval Date 12/10/2004 Loan Approval Gross Amount $893,500 Loan Approval from the SBA Of the total $893,500 loan amount, the SBA guaranteed $670,125. 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 12 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Banks in Waynesboro, Mississippi
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