Lafayette, Louisiana Lender Lends Money to Alkalies And Chlorine Company
Want to talk with a Lafayette, Louisiana bank about a small business loan? Here's one Louisiana business loan, issued by a Lafayette bank, that was approved by the SBA.
Applying for an SBA loan with Iberiabank worked out well for our friends at one local firm in Broussard, Louisiana. The business was able to get an SBA loan for $150,000. Great job!
SBA Loan Borrower
COMPANY TYPE: ALKALIES AND CHLORINE
BROUSSARD, LA 70518
SBA Loan Lender
IBERIABANK
2110 W PINHOOK RD
LAFAYETTE, LA 70508
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2812 - Alkalies and Chlorine
NAICS Code
325181 - Alkalies and Chlorine Manufacturing
Loan Approval Date
6/29/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:
VC Firms on Twitter
Best Banks in Lafayette, Louisiana
Browse All Business Loan Sources for Louisiana