First A National Bank Association Gives SBA Loan to Broiler, Fryer, And Roaster Chickens Company

Looking to get a Mississippi business loan? This Mississippi entrepreneur got a business loan, provided by a Mississippi bank that works with the SBA to help small business owners.

Getting a small business loan in Lumberton, Mississippi was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First A National Bank Association. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
LUMBERTON, MS 39455

SBA Loan Lender

FIRST A NATIONAL BANK ASSOCIATION
6480 US HWY 98 WEST
HATTIESBURG, MS 39404

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to American small businesses.

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

6/27/2003

Loan Approval Gross Amount

$534,000

Loan Approval from the SBA

Of the total $534,000 loan amount, the SBA guaranteed $400,500.

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 loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First A National Bank Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Family and Friend Investors - Your First Financiers

SBA 7A Banks for Hattiesburg, Mississippi Loans

SBA Participating Banks in Mississippi