Loans for Shellfish Fishing

Looking for loans for shellfish fishing? Talk to a banker who works with the SBA. This $416,200 shellfish fishing loan was issued by an Alabama bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Regions Bank, out of Birmingham, Alabama. The loan was granted and they received $416,200 to help grow their Bayou Labatre, Alabama business.

SBA Loan Borrower

COMPANY TYPE: SHELLFISH
BAYOU LABATRE, AL 36509

SBA Loan Lender

REGIONS BANK
1900 5TH AVE NORTH
BIRMINGHAM, AL 35203

This SBA bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0913 - Shellfish

NAICS Code

114112 - Shellfish Fishing

Loan Approval Date

2/22/2001

Loan Approval Gross Amount

$416,200

Loan Approval from the SBA

Of the total $416,200 loan amount, the SBA guaranteed $312,150.

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 10 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

This SBA loan was for $416,200. How would you spend $416,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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