Refrigeration Equipment and Supplies Merchant Wholesalers SBA Loans

With these SBA loans for refrigeration equipment and supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This refrigeration equipment and supplies merchant wholesalers loan for $230,700 was given to a Mississippi entrepreneur in 2007.

Getting a small business loan in Columbus, Mississippi was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank, operating out of Jackson, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
COLUMBUS, MS 39702

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This lender provides SBA debt financing 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

423740 - Refrigeration Equipment and Supplies Merchant Wholesalers

Loan Approval Date

7/17/2007

Loan Approval Gross Amount

$230,700

Loan Approval from the SBA

Of the total $230,700 loan amount, the SBA guaranteed $173,025.

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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

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Find an SBA Lender in Jackson, Mississippi

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