Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Batesville, Mississippi Bank Loan

 

 
Loan Census SBA Loan Info

Financing for Nursery and Garden Centers

Looking for loans for nursery and garden centers? An SBA loan may be just what you've been looking for. This $431,325 nursery and garden centers loan was issued by a Mississippi bank.

This small firm knew how to go about getting a business bank loan. Based in Batesville, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was State Bank & Trust Company, based in Greenwood, Mississippi.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
BATESVILLE, MS 38606

SBA Loan Lender

STATE BANK & TRUST COMPANY
916 HWY 82 BY-PASS
GREENWOOD, MS 38930

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

3/1/2004

Loan Approval Gross Amount

$431,325

Loan Approval from the SBA

Of the total $431,325 loan amount, the SBA guaranteed $323,494.

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 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Batesville MS, you ought to talk with a local Batesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Batesville businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $431,325 loan. Remember, you control your own destiny.

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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SBA Approved Banks in Greenwood, Mississippi

Mississippi SBA 7A Banks