Jackson, Mississippi Lender Lends Money to Health And Personal Care Stores Company

Want to talk with a Jackson, Mississippi bank about a business loan? Here's one Mississippi business loan, issued by a Jackson bank, that was approved by the SBA.

Applying for an SBA loan with Trustmark National Bank worked out well for our friends at one local company in Flowood, Mississippi. They got an SBA loan for $25,200. Great job!

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
FLOWOOD, MS 39218

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

2/5/2004

Loan Approval Gross Amount

$25,200

Loan Approval from the SBA

Of the total $25,200 loan amount, the SBA guaranteed $12,600.

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 loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Flowood MS, you ought to talk with a local Flowood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Flowood businesses.

We can help you find the best banks for small businesses in Flowood 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:

Business Incubators

Small Business Banks in Jackson, Mississippi

Getting an SBA Loan in Mississippi