Louin, Mississippi Entrepreneur Gets an SBA Loan
Would a Mississippi SBA loan help your business get to the next level? If so, you may want to talk with this Mississippi bank, which offers SBA loans to Mississippi entrepreneurs.
You can learn something about getting a small business loan in Louin, Mississippi by studying this loan to a local business, made back in 2005. Banks like First Financial Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
LOUIN, MS 39338
SBA Loan Lender
FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051
This 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
8/19/2005
Loan Approval Gross Amount
$49,500
Loan Approval from the SBA
Of the total $49,500 loan amount, the SBA guaranteed $37,125.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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 - How to Borrow Money
Best Banks for Small Business in Carthage, Mississippi
Mississippi SBA 7A Lenders