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December 18, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Excavation Contractors Loan | ||||
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Trustmark National Bank Small Business Loan
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Where to Get Capital for Excavation ContractorsWith these SBA loans for excavation contractors, the SBA guarantees the lender that the loan will be repaid. This excavation contractors loan for $17,200 was given to a Mississippi entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fulton, Mississippi was able to borrow $17,200 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $8,600 of this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: EXCAVATION CONTRACTORS SBA Loan Lender TRUSTMARK NATIONAL BANK This lender processed this business 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 235930 - Excavation Contractors Loan Approval Date 2/5/2003 Loan Approval Gross Amount $17,200 Loan Approval from the SBA Of the total $17,200 loan amount, the SBA guaranteed $8,600. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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. Related Links: SBA 7A Lenders in Jackson, Mississippi
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