 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Plaquemine, Business Loans > Plaquemine Bank & Trust Plaquemine Business Loans > Engineering Services Loan | ||||
 |
||||
Barton Rouge, Louisiana Bank Loan
|
||||
 |
Commercial Loans for Engineering ServicesLooking for commercial loans for engineering services? Talk to a banker who works with the SBA. This $90,000 engineering services loan was issued by a Louisiana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Barton Rouge, Louisiana was able to borrow $90,000 from Plaquemine Bank & Trust. The SBA made the loan possible by guaranteeing $72,000 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender PLAQUEMINE BANK & TRUST This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8711 - Engineering Services NAICS Code 541330 - Engineering Services Loan Approval Date 6/16/2000 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. 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 8 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Plaquemine Bank & Trust had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Plaquemine Bank & Trust made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Borrowing Money from Friends and Family SBA 7A Banks for Plaquemine, Louisiana Loans
|
|
||
|
||||
|
|
||||