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November 23, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Hattiesburg, Business Loans > Community Bank, Ellisville Hattiesburg Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Community Bank, Ellisville
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Business Loan from Community Bank, Ellisville Given to Snack And Nonalcoholic Beverage Bars CompanyCommunity Bank, Ellisville has a track record as a leading provider of SBA loans. Find out how this Mississippi entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Community Bank, Ellisville, out of Hattiesburg, Mississippi. The loan was granted and they received $312,913 to help grow their Hattiesburg, Mississippi business. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender COMMUNITY BANK, ELLISVILLE SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 3/31/2005 Loan Approval Gross Amount $312,913 Loan Approval from the SBA Of the total $312,913 loan amount, the SBA guaranteed $234,685. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: SBA Banks in Hattiesburg, Mississippi SBA Participating Banks in Mississippi
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