Jackson, Mississippi Bank Lends Money to Crop Harvesting, Primarily By Machine Company in Fulton, Mississippi

Find Jackson, Mississippi banks that specialize in small business loans and know how to work with entrepreneurs. Trustmark National Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Fulton, Mississippi starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Trustmark National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CROP HARVESTING, PRIMARILY BY MACHINE
FULTON, MS 38843

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

115113 - Crop Harvesting, Primarily by Machine

Loan Approval Date

10/25/2004

Loan Approval Gross Amount

$70,300

Loan Approval from the SBA

Of the total $70,300 loan amount, the SBA guaranteed $35,150.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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