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November 15, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Baton Rouge, Business Loans > Source Business & Indust Devel Cor Baton Rouge Business Loans > Limited-Service Restaurants Loan | ||||
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Louisiana SBA 7A Lenders
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Baton Rouge, Louisiana Lender Lends Money to Limited-Service Restaurants CompanyWant to talk with a Baton Rouge, Louisiana bank about a small business loan? Here's one Louisiana business loan, issued by a Baton Rouge bank, that was approved by the SBA. Applying for an SBA loan with Source Business & Indust Devel Cor worked out well for our friends at one local business in Lafayette, Louisiana. They got an SBA loan for $124,000. Sweet! SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender SOURCE BUSINESS & INDUST DEVEL COR This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/22/2001 Loan Approval Gross Amount $124,000 Loan Approval from the SBA Of the total $124,000 loan amount, the SBA guaranteed $93,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 23 employees. This SBA loan request indicated that the loan would help generate 35 new jobs and retain 23 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $124,000 loan. Remember, feel the fear, and do it anyway. 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: Who Lends Money to Small Businesses in Baton Rouge, Louisiana
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