Broilers and Meat Type SBA Loans
Looking for SBA loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $560,500 broilers and meat type loan was issued by a Mississippi bank.
This small business knew how to go about getting a business bank loan. Based in Laurel, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Trustmark National Bank, based in Jackson, Mississippi.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
LAUREL, MS 39443
SBA Loan Lender
TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201
This commercial 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.
SIC Code
0251 - Broiler, Fryer, and Roaster Chickens
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
11/14/2003
Loan Approval Gross Amount
$560,500
Loan Approval from the SBA
Of the total $560,500 loan amount, the SBA guaranteed $420,375.
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 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $560,500. How would you spend $560,500 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:
Attracting Investors
Where to Get an SBA Loan in Jackson, Mississippi
SBA Lenders in Mississippi