Business Loans for Advertising Agencies
Looking for business loans for advertising agencies? Talk to a banker who works with the SBA. This $224,300 advertising agencies loan was issued by a Mississippi bank.
Getting a small business loan in Madison, Mississippi was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Trustmark National Bank, operating out of Jackson, Mississippi. Here are the details on this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
MADISON, MS 39110
SBA Loan Lender
TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541810 - Advertising Agencies
Loan Approval Date
7/18/2005
Loan Approval Gross Amount
$224,300
Loan Approval from the SBA
Of the total $224,300 loan amount, the SBA guaranteed $112,150.
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 12 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Trustmark National Bank and they will explain how you can get an SBA loan for your company.
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:
Business Incubators
Best Jackson, Mississippi Banks for Small Business
SBA Mississippi Banks