SBA Loan from Trustmark National Bank Helps Broiler, Fryer, And Roaster Chickens Company
An SBA loan from Trustmark National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brookhaven, Mississippi business owner got a $1,210,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brookhaven, Mississippi was able to borrow $1,210,000 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $907,500 of this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
BROOKHAVEN, MS 39601
SBA Loan Lender
TRUSTMARK NATIONAL BANK
2425 HWY 80 EAST
PEARL, MS 39208
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.
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
11/3/2006
Loan Approval Gross Amount
$1,210,000
Loan Approval from the SBA
Of the total $1,210,000 loan amount, the SBA guaranteed $907,500.
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 2 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours 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.
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