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December 23, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Carthage, Business Loans > First Financial Bank Carthage Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
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Banks Doing SBA Loans in Mississippi
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Carthage, Mississippi Bank Gives SBA Loan to Broiler, Fryer, And Roaster Chickens CompanyWant to talk with a Carthage, Mississippi bank about a business loan? Here's one Mississippi business loan, issued by a Carthage bank, that was approved by the SBA. Applying for an SBA loan with First Financial Bank worked out well for our friends at one local company in Lena, Mississippi. They received an SBA loan for $122,000. Nice! SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender FIRST FINANCIAL BANK This 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. SIC Code 0251 - Broiler, Fryer, and Roaster Chickens NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 6/23/2006 Loan Approval Gross Amount $122,000 Loan Approval from the SBA Of the total $122,000 loan amount, the SBA guaranteed $103,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Financial 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: Best Banks for Small Business in Carthage, Mississippi
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