Business Loans for Land Subdivision

Looking for business loans for land subdivision? Talk to a banker who works with the SBA. This $41,700 land subdivision loan was issued by a Mississippi bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Community Bank Of Mississippi, out of Forest, Mississippi. The loan was granted and they received $41,700 to help grow their Brandon, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: LAND SUBDIVISION
BRANDON, MS 39208

SBA Loan Lender

COMMUNITY BANK OF MISSISSIPPI
323 E 3RD ST
FOREST, MS 39074

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

237210 - Land Subdivision

Loan Approval Date

12/19/2007

Loan Approval Gross Amount

$41,700

Loan Approval from the SBA

Of the total $41,700 loan amount, the SBA guaranteed $35,445.

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 only one employee. The SBA loan application for the borrower indicated that the funding would help generate 1 new job.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Obtaining Funding - Getting Venture Capital

Good Banks for Small Business in Forest, Mississippi

Getting an SBA Loan in Mississippi