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December 22, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > New Orleans, Business Loans > First Bank And Trust New Orleans Business Loans > Shellfish Loan | ||||
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Banks in New Orleans, Louisiana That Make SBA Loans
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Entrepreneur Works With New Orleans, Louisiana Bank to Get an SBA LoanThinking about meeting with a New Orleans, Louisiana bank about an SBA loan? Here's one Mississippi business loan, issued by a New Orleans 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 D'Iberville, Mississippi. They got an SBA loan for $500,000. Great job! SBA Loan Borrower COMPANY TYPE: SHELLFISH SBA Loan Lender FIRST BANK AND TRUST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0913 - Shellfish NAICS Code 114112 - Shellfish Fishing Loan Approval Date 1/6/2000 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 4 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Bank And Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Lenders in New Orleans, Louisiana
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