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November 15, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Houma, Business Loans > Synergy Bank Houma Business Loans > Cemeteries And Crematories Loan | ||||
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Synergy Bank
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Bourg, Louisiana Business Gets SBA-Guaranteed Funding from Synergy BankAn SBA loan from Synergy Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bourg, Louisiana business owner got a $60,000 loan. This business knew how to go about getting a business bank loan. Based in Bourg, Louisiana, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Synergy Bank, based in Houma, Louisiana. SBA Loan Borrower COMPANY TYPE: CEMETERIES AND CREMATORIES SBA Loan Lender SYNERGY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812220 - Cemeteries and Crematories Loan Approval Date 8/16/2004 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you want money for new small business in Bourg LA, you ought to talk with a local Bourg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bourg businesses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
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