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November 22, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Carthage, Business Loans > First Financial Bank Carthage Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
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SBA Lenders in Mississippi
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Business Loan from First Financial Bank Given to Broiler, Fryer, And Roaster Chickens CompanyFirst Financial Bank has a track record as a leading provider of SBA loans. Find out how this Mississippi entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Financial Bank, out of Carthage, Mississippi. The loan was granted and they received $349,000 to help grow their Carthage, Mississippi business. SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender FIRST FINANCIAL BANK This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. 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 4/8/2002 Loan Approval Gross Amount $349,000 Loan Approval from the SBA Of the total $349,000 loan amount, the SBA guaranteed $261,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Financial Bank and they will explain how you can get an SBA loan for your company. 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: Find an SBA Lender in Carthage, Mississippi
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