Hattiesburg, Mississippi Entrepreneur Gets a Small Business Loan
MississippiSBA loans are available to Mississippi entrepreneurs through the SBA. In this case, a Mississippi bank provides the loan.
You can learn something about getting a small business loan in Hattiesburg, Mississippi by studying this loan to a local business, made back in 2006. Banks like Trustmark National Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL SCREEN PRINTING
HATTIESBURG, MS 39402
SBA Loan Lender
TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
6/30/2006
Loan Approval Gross Amount
$14,000
Loan Approval from the SBA
Of the total $14,000 loan amount, the SBA guaranteed $11,900.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Trustmark National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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