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December 22, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Baton Rouge, Business Loans > Source Business & Indust Devel Cor Baton Rouge Business Loans > Operators Of Nonresidental Buildings Loan | ||||
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Source Business & Indust Devel Cor
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Business Loan from Source Business & Indust Devel Cor Given to Operators Of Nonresidental Buildings CompanyAn SBA loan from Source Business & Indust Devel Cor typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gray, Louisiana business owner got a $1,202,000 loan. Getting a small business loan in Gray, Louisiana was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Source Business & Indust Devel Cor, operating out of Baton Rouge, Louisiana. Here are the details on this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: OPERATORS OF NONRESIDENTAL BUILDINGS SBA Loan Lender SOURCE BUSINESS & INDUST DEVEL COR This SBA bank loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6512 - Operators of Nonresidental Buildings NAICS Code 531120 - Lessors of Nonresidential Buildings Loan Approval Date 7/23/2001 Loan Approval Gross Amount $1,202,000 Loan Approval from the SBA Of the total $1,202,000 loan amount, the SBA guaranteed $901,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Source Business & Indust Devel Cor that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Banks for Baton Rouge, Louisiana Loans Browse All Business Loan Sources for Louisiana
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