Bank Loans for Broilers and Meat Type

With these bank loans for broilers and meat type, the SBA guarantees the lender that the loan will be repaid. This broilers and meat type loan for $716,000 was given to a Mississippi entrepreneur in 2002.

Getting a small business loan in Ellisville, Mississippi was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First A National Bank Association, operating out of Laurel, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
ELLISVILLE, MS 39437

SBA Loan Lender

FIRST A NATIONAL BANK ASSOCIATION
1945 HWY 15 NORTH
LAUREL, MS 39440

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0251 - Broiler, Fryer, and Roaster Chickens

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

2/12/2002

Loan Approval Gross Amount

$716,000

Loan Approval from the SBA

Of the total $716,000 loan amount, the SBA guaranteed $537,000.

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 9 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First A National Bank Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Laurel, Mississippi

Mississippi SBA 7A Lenders