Vitreous China, Fine Earthenware, and Pottery Manufacturing SBA Loans

Looking for SBA loans for vitreous china, fine earthenware, and pottery manufacturing? Try the SBA. This $150,000 vitreous china, fine earthenware, and pottery manufacturing loan was issued by a Mississippi bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Flowood, Mississippi was able to borrow $150,000 from State Capital Corporation. The SBA made the loan possible by guaranteeing $112,500 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: VITREOUS CHINA TABLE AND KITCHEN ARTICLES
FLOWOOD, MS 39208

SBA Loan Lender

STATE CAPITAL CORPORATION
916 HWY 82 BY-PASS
GREENWOOD, MS 38930

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3262 - Vitreous China Table and Kitchen Articles

NAICS Code

327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing

Loan Approval Date

12/22/2000

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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like State Capital Corporation and they will explain how you can get an SBA loan for your company.

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.

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