SBA Loan from Amsouth Bank, A Division Of Helps Broiler, Fryer, And Roaster Chickens Company

An SBA loan from Amsouth Bank, A Division Of typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brandon, Mississippi business owner got a $95,000 loan.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Amsouth Bank, A Division Of, out of New Hebron, Mississippi. The loan was granted and they received $95,000 to help grow their Brandon, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
BRANDON, MS 39042

SBA Loan Lender

AMSOUTH BANK, A DIVISION OF
501 MAIN ST
NEW HEBRON, MS 39140

This commercial 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

5/20/2002

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $95,000. How would you spend $95,000 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.

Related Links:

Financing Your Business

Banks in New Hebron, Mississippi

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