Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Columbus, Mississippi and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Specialty Trade Contractors

Looking for loans for specialty trade contractors? An SBA loan may be just what you've been looking for. This $55,200 specialty trade contractors loan was issued by a Mississippi bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Mississippi was able to borrow $55,200 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $46,920 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
COLUMBUS, MS 39702

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

4/24/2007

Loan Approval Gross Amount

$55,200

Loan Approval from the SBA

Of the total $55,200 loan amount, the SBA guaranteed $46,920.

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 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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:

Investor Turnoffs

Best Jackson, Mississippi Banks for Small Business

Mississippi SBA Bank Lenders