Business Loan from First National Bank - Louisiana Given to Personal Care 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 $95,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First National Bank - Louisiana, out of Crowley, Louisiana. The loan was granted and they received $95,000 to help grow their Lake Charles, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
LAKE CHARLES, LA 70601

SBA Loan Lender

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

This SBA business 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

812199 - Personal Care Services

Loan Approval Date

6/9/2006

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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 3 employees. The loan application indicated that the loan would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $95,000. How would you spend $95,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - Getting Venture Capital

Who Lends Money to Small Businesses in Crowley, Louisiana

Getting an SBA Loan in Louisiana