Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Raising Money in Mandeville, Louisiana With SBA Loans

 

 
Loan Census SBA Loan Info

Growing Company Gets a Louisiana Business Loan

Searching for a Louisiana bank loan? This Louisiana entrepreneur got a bank loan, provided by a Louisiana bank that works with the SBA to help small business owners.

Getting a small business loan in Mandeville, Louisiana was a top priority for this loan applicant back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Statewide Bank. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
MANDEVILLE, LA 70448

SBA Loan Lender

STATEWIDE BANK
2008 RONALD REGAN HWY
COVINGTON, LA 70433

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

6/14/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA 7A Lenders in Covington, Louisiana

SBA Louisiana Lenders