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December 18, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Home Furnishings Stores Loan | ||||
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SBA Lenders Mississippi
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Jackson, Mississippi Bank Lends Money to Home Furnishings Stores Company in Jackson, MississippiThinking about meeting with a Jackson, Mississippi bank about an SBA loan? Here's one Mississippi business loan, issued by a Jackson bank, that was approved by the SBA. Applying for an SBA loan with Trustmark National Bank worked out well for our friends at one local firm in Jackson, Mississippi. The business was able to get an SBA loan for $75,500. Awesome! SBA Loan Borrower COMPANY TYPE: HOME FURNISHINGS STORES SBA Loan Lender TRUSTMARK NATIONAL BANK This lender processed this SBA small business loan 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 442299 - Home Furnishings Stores Loan Approval Date 4/15/2004 Loan Approval Gross Amount $75,500 Loan Approval from the SBA Of the total $75,500 loan amount, the SBA guaranteed $37,750. 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 3 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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 Bank Loans in Jackson, Mississippi
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