Business Loan from First National Bank - Louisiana Given to Exterminating And Pest Control Services Company

An SBA loan from First National Bank - Louisiana typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lake Charles, Louisiana business owner got a $89,300 loan.

This small firm knew how to go about getting a business bank loan. Based in Lake Charles, Louisiana, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was First National Bank - Louisiana, based in Crowley, Louisiana.

SBA Loan Borrower

COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES
LAKE CHARLES, LA 70605

SBA Loan Lender

FIRST NATIONAL BANK - LOUISIANA
128 N PARKERSON
CROWLEY, LA 70526

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

561710 - Exterminating and Pest Control Services

Loan Approval Date

7/28/2003

Loan Approval Gross Amount

$89,300

Loan Approval from the SBA

Of the total $89,300 loan amount, the SBA guaranteed $44,650.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Lake Charles LA, you ought to talk with a local Lake Charles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Charles businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank - Louisiana had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank - Louisiana made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

SBIR Funding

SBA 7A Banks for Crowley, Louisiana Loans

SBA Louisiana Lenders