Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Business Loans for Jackson Business Owners

 

 
Loan Census SBA Loan Info

Loans for Plumbing and Heating Equipment and Supplies Merchant Wholesaler

With these loans for plumbing and heating equipment and supplies merchant wholesaler, the SBA guarantees the lender that the loan will be repaid. This plumbing and heating equipment and supplies merchant wholesaler loan for $101,100 was given to a Mississippi entrepreneur in 2005.

Getting a small business loan in Jackson, Mississippi was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank, operating out of Jackson, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING AND HEATING EQUIPMENT AND SUPPLIES MERCHANT WHOLESALER
JACKSON, MS 39204

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

423720 - Plumbing and Heating Equipment and Supplies Merchant Wholesaler

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$101,100

Loan Approval from the SBA

Of the total $101,100 loan amount, the SBA guaranteed $50,550.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Trustmark National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Strategic Investors

Best Banks in Jackson, Mississippi

Find an SBA Lender in Mississippi