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November 21, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Columbia, Business Loans > Homeland Federal Savings Bank Columbia Business Loans > Home Health Care Services Loan | ||||
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Raising Money in Columbia, Louisiana With SBA Loans
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Home Health Care Services LoansWith these loans for home health care services, the SBA guarantees the lender that the loan will be repaid. This home health care services loan for $175,000 was given to a Louisiana entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbia, Louisiana was able to borrow $175,000 from Homeland Federal Savings Bank. The SBA made the loan possible by guaranteeing $131,250 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: HOME HEALTH CARE SERVICES SBA Loan Lender HOMELAND FEDERAL SAVINGS BANK This SBA 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 8082 - Home Health Care Services NAICS Code 621610 - Home Health Care Services Loan Approval Date 4/21/2000 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. 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 50 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: The Friends and Family Network Good Banks for Small Business in Columbia, Louisiana
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