Get an SBA Loan for Tobacco Stores

Looking for loans for tobacco stores? Try the SBA. This $40,000 tobacco stores loan was issued by a Mississippi bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Delta Southern Bank, out of Ruleville, Mississippi. The loan was granted and they received $40,000 to help grow their Greenville, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: TOBACCO STORES
GREENVILLE, MS 38701

SBA Loan Lender

DELTA SOUTHERN BANK
117 W FLOYCE
RULEVILLE, MS 38771

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.

NAICS Code

453991 - Tobacco Stores

Loan Approval Date

10/21/2004

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 3 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

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

The Art of Bootstrapping

Where to Get an SBA Loan in Ruleville, Mississippi

SBA Participating Banks in Mississippi