Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Jackson, Mississippi Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Carpentry Contractors

With these SBA loans for carpentry contractors, the SBA guarantees the lender that the loan will be repaid. This carpentry contractors loan for $30,100 was given to a Mississippi entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Jackson, Mississippi was able to borrow $30,100 from Trustmark National Bank. The SBA made the loan possible by guaranteeing $15,050 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY CONTRACTORS
JACKSON, MS 39204

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

235510 - Carpentry Contractors

Loan Approval Date

5/24/2001

Loan Approval Gross Amount

$30,100

Loan Approval from the SBA

Of the total $30,100 loan amount, the SBA guaranteed $15,050.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Jackson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Choosing VC Firms

Where to Get an SBA Loan in Jackson, Mississippi

Getting an SBA Loan in Mississippi