Broilers and Meat Type Business Loans
Looking for business loans for broilers and meat type? Try the SBA. This $160,800 broilers and meat type loan was issued by a Mississippi bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bogue Chitto, Mississippi was able to borrow $160,800 from First Financial Bank. The SBA made the loan possible by guaranteeing $120,600 of this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
BOGUE CHITTO, MS 39629
SBA Loan Lender
FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0251 - Broiler, Fryer, and Roaster Chickens
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
3/1/2004
Loan Approval Gross Amount
$160,800
Loan Approval from the SBA
Of the total $160,800 loan amount, the SBA guaranteed $120,600.
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 2 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 $160,800 loan. Remember, anyone can do it... so why not 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:
Getting a Small Business Loan
Where to Get an SBA Loan in Carthage, Mississippi
Mississippi SBA 7A Banks