Mississippi SBA Loan Issued to Optical Goods Stores Company
SBA loans in Mississippi are are few and far betweeen these days. We take a look at one Mississippi SBA loan, provided by a Mississippi bank, that was approved by the SBA.
You can learn something about getting a small business loan in Jackson, Mississippi by studying this loan to a local business, made back in 2005. Banks like Trustmark National Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: OPTICAL GOODS STORES
JACKSON, MS 39216
SBA Loan Lender
TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446130 - Optical Goods Stores
Loan Approval Date
12/29/2005
Loan Approval Gross Amount
$39,300
Loan Approval from the SBA
Of the total $39,300 loan amount, the SBA guaranteed $33,405.
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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
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:
Determining Proper Capital Structure for a Business
Find an SBA Lender in Jackson, Mississippi
Mississippi SBA Banks