Lessors of Nonresidential Buildings Loans
Looking for loans for lessors of nonresidential buildings? The SBA may be the answer. This $316,800 lessors of nonresidential buildings loan was issued by a Mississippi bank.
This small firm knew how to go about getting a business bank loan. Based in Jackson, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Trustmark National Bank, based in Brandon, Mississippi.
SBA Loan Borrower
COMPANY TYPE: OPERATORS OF NONRESIDENTAL BUILDINGS
JACKSON, MS 39204
SBA Loan Lender
TRUSTMARK NATIONAL BANK
106 GOVERNMENT ST
BRANDON, MS 39042
This debt financing was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
6512 - Operators of Nonresidental Buildings
NAICS Code
531120 - Lessors of Nonresidential Buildings
Loan Approval Date
9/15/2003
Loan Approval Gross Amount
$316,800
Loan Approval from the SBA
Of the total $316,800 loan amount, the SBA guaranteed $237,600.
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 only one employee. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $316,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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Banks in Brandon, Mississippi
SBA Lenders in Mississippi