Homeland Federal Savings Bank SBA Loan to Trucking Company

Searching for a Louisiana small business loan? Here's one Louisiana business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Columbia, Louisiana, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Homeland Federal Savings Bank, based in Columbia, Louisiana.

SBA Loan Borrower

COMPANY TYPE: TRUCKING
COLUMBIA, LA 71418

SBA Loan Lender

HOMELAND FEDERAL SAVINGS BANK
7840 HWY 165 SOUTH
COLUMBIA, LA 71418

This loan for a small business 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

4213 - Trucking

Loan Approval Date

7/28/2000

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Determining Proper Capital Structure for a Business

Find an SBA Lender in Columbia, Louisiana

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