Gulfport, Mississippi Bank Lends Money to Taxi Service Company in Gulfport, Mississippi

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

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

SBA Loan Borrower

COMPANY TYPE: TAXI SERVICE
GULFPORT, MS 39501

SBA Loan Lender

HANCOCK BANK
2510 14TH ST
GULFPORT, MS 39501

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

485310 - Taxi Service

Loan Approval Date

11/15/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 30 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 30 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Gulfport MS, you ought to talk with a local Gulfport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gulfport businesses.

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

Obtaining Funding - Getting Venture Capital

Banks in Gulfport, Mississippi

SBA Participating Banks in Mississippi