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November 22, 2024  
 
 
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How to Get an SBA Loan in Brookhaven, Mississippi

 

 
Loan Census SBA Loan Info

Mississippi SBA Loan Issued to Ice Manufacturing Company

Business loans in Mississippi are hard to find these days. We take a look at one Mississippi business loan, provided by a Mississippi bank, that was approved by the SBA.

You can learn something about getting a small business loan in Brookhaven, Mississippi by studying this loan to a local business, made back in 2007. Banks like Trustmark National Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: ICE MANUFACTURING
BROOKHAVEN, MS 39601

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312113 - Ice Manufacturing

Loan Approval Date

12/24/2007

Loan Approval Gross Amount

$164,300

Loan Approval from the SBA

Of the total $164,300 loan amount, the SBA guaranteed $123,225.

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 loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Borrowing Money from Friends and Family

Where to Get an SBA Loan in Jackson, Mississippi

Mississippi SBA 7A Banks