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November 22, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Carthage, Business Loans > First Financial Bank Carthage Business Loans > Dairy Farms Loan | ||||
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First Financial Bank Business Loan Louisville, Mississippi
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First Financial Bank SBA Loan to Dairy Farms CompanyFirst Financial Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Mississippi entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Louisville, Mississippi was able to borrow $236,321 from First Financial Bank. The SBA made the loan possible by guaranteeing $177,241 of this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: DAIRY FARMS SBA Loan Lender FIRST FINANCIAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0241 - Dairy Farms NAICS Code 112120 - Dairy Cattle and Milk Production Loan Approval Date 8/18/2004 Loan Approval Gross Amount $236,321 Loan Approval from the SBA Of the total $236,321 loan amount, the SBA guaranteed $177,241. 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 2 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Lenders in Carthage, Mississippi Find an SBA Lender in Mississippi
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