Get an SBA Loan for Broilers and Meat Type
With these loans for broilers and meat type, the SBA guarantees the lender that the loan will be repaid. This broilers and meat type loan for $29,400 was given to a Mississippi entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mendenhall, Mississippi was able to borrow $29,400 from First Financial Bank. The SBA made the loan possible by guaranteeing $24,990 of this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
MENDENHALL, MS 39114
SBA Loan Lender
FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051
This business 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
3/10/2003
Loan Approval Gross Amount
$29,400
Loan Approval from the SBA
Of the total $29,400 loan amount, the SBA guaranteed $24,990.
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 only one employee. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $29,400 loan. Remember, fight for what you want, and it will be yours!
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.
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