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November 23, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Chalmette, Business Loans > First Bank And Trust Chalmette Business Loans > Grocery Stores Loan | ||||
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Louisiana SBA 7A Lenders
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Chalmette, Louisiana Bank Gives SBA Loan to Grocery Stores CompanyWant to talk with a Chalmette, Louisiana bank about a business loan? Here's one Louisiana business loan, issued by a Chalmette bank, that was approved by the SBA. Applying for an SBA loan with First Bank And Trust worked out well for our friends at one local firm in Covington, Louisiana. They received an SBA loan for $150,000. Nice! SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender FIRST BANK AND TRUST This business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores Loan Approval Date 9/29/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for 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 company promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Covington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Chalmette, Louisiana
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