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December 20, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Houma, Business Loans > Synergy Bank Houma Business Loans > Services Loan | ||||
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Louisiana Bank SBA Loans
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Synergy Bank SBA Loan to Services CompanySearching for a Louisiana small business loan? Here's one Louisiana business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Houma, Louisiana was able to borrow $150,000 from Synergy Bank. The SBA made the loan possible by guaranteeing $112,500 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender SYNERGY BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8999 - Services Loan Approval Date 3/20/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: SBA 7A Banks for Houma, Louisiana Loans Getting a Business Loan in Louisiana
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