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December 18, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Dairy Cattle And Milk Production Loan | ||||
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Good Banks for Angie Business Owners
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Dairy Cattle and Milk Production Business LoansLooking for business loans for dairy cattle and milk production? Try the SBA. This $302,000 dairy cattle and milk production loan was issued by a Mississippi bank. Getting a small business loan in Angie, Louisiana was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank, operating out of Jackson, Mississippi. Here are the details on this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: DAIRY CATTLE AND MILK PRODUCTION SBA Loan Lender TRUSTMARK NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 112120 - Dairy Cattle and Milk Production Loan Approval Date 8/1/2003 Loan Approval Gross Amount $302,000 Loan Approval from the SBA Of the total $302,000 loan amount, the SBA guaranteed $226,500. 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 6 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 $302,000 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: Microlending as a Small Business Funding Source Best Jackson, Mississippi Banks for Small Business Browse All Business Loan Sources for Mississippi
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