Brookhaven, Mississippi Entrepreneur Gets an SBA Loan
MississippiBank loans are available to Mississippi firms through the SBA. In this case, an Arkansas bank provides the loan.
Getting a small business loan in Brookhaven, Mississippi was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Financial Bank. Here are the details on this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
BROOKHAVEN, MS 39604
SBA Loan Lender
FIRST FINANCIAL BANK
214 N WASHINGTON, STE 516
EL DORADO, AR 71730
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
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
5/21/2001
Loan Approval Gross Amount
$108,000
Loan Approval from the SBA
Of the total $108,000 loan amount, the SBA guaranteed $91,800.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Brookhaven or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Attracting Investors
SBA 7A Banks in El Dorado, Arkansas
Arkansas SBA Banks