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December 19, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Alexandria, Business Loans > Red River Bank Alexandria Business Loans > Special Trade Contractors Loan | ||||
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Alexandria, Louisiana SBA 7A Banks
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Alexandria, Louisiana Bank Gives SBA Loan to Special Trade Contractors CompanyThinking about meeting with an Alexandria, Louisiana bank about an SBA loan? Here's one Louisiana business loan, issued by an Alexandria bank, that was approved by the SBA. Applying for an SBA loan with Red River Bank worked out well for our friends at one local firm in Alexandria, Louisiana. They got an SBA loan for $100,000. Great job! SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender RED RIVER BANK This lender issued this particular debt financing 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. NAICS Code 235990 - Special Trade Contractors Loan Approval Date 6/18/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 11 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Banks in Alexandria, Louisiana SBA Participating Banks in Louisiana
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