Borrow Money to Buy a Grow Biz International Franchise
Borrowing money to purchase a Grow Biz International franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.
Grow Biz International franchise loans are available to Jackson, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Trustmark National Bank, based in Jackson, Mississippi, issued an SBA franchise loan for a Grow Biz International franchise in 2000. We've got all the details on this Mississippi small business loan.
SBA Loan Borrower
MUSIC GO ROUND
JACKSON, MS 39213
SBA Loan Lender
TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201
This lender processed this SBA bank 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
451140 - Musical Instrument and Supplies Stores
Loan Approval Date
10/12/2000
Loan Approval Gross Amount
$20,200
Loan Approval from the SBA
Of the total $20,200 loan amount, the SBA guaranteed $10,100.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Grow Biz International franchise. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help create 10 new jobs.
Next Steps for Getting an SBA Loan
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Role of Business Plan When Raising Money
SBA 7A Banks in Jackson, Mississippi
SBA Participating Banks in Mississippi