Business Loan from Trustmark National Bank Given to Home Health Equipment Rental Company
Trustmark National Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Houston, Texas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Trustmark National Bank, based in Brandon, Mississippi.
SBA Loan Borrower
COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL
HOUSTON, TX 77055
SBA Loan Lender
TRUSTMARK NATIONAL BANK
106 GOVERNMENT ST
BRANDON, MS 39042
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
532291 - Home Health Equipment Rental
Loan Approval Date
9/30/2003
Loan Approval Gross Amount
$72,700
Loan Approval from the SBA
Of the total $72,700 loan amount, the SBA guaranteed $36,350.
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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Small Business Loan
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