Furniture Stores Small Business Loans

Looking for small business loans for furniture stores? Talk to a banker who works with the SBA. This $86,600 furniture stores loan was issued by a Mississippi bank.

This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Trustmark National Bank, out of Jackson, Mississippi. The loan was granted and they received $86,600 to help grow their Hattiesburg, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
HATTIESBURG, MS 39402

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

1/22/2008

Loan Approval Gross Amount

$86,600

Loan Approval from the SBA

Of the total $86,600 loan amount, the SBA guaranteed $73,610.

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 18 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 18 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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