Small Business Loans for Poultry Hatcheries

Looking for small business loans for poultry hatcheries? Talk to a banker who works with the SBA. This $290,000 poultry hatcheries loan was issued by a Mississippi bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mendenhall, Mississippi was able to borrow $290,000 from Amsouth Bank, A Division Of. The SBA made the loan possible by guaranteeing $217,500 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: POULTRY HATCHERIES
MENDENHALL, MS 39114

SBA Loan Lender

AMSOUTH BANK, A DIVISION OF
501 MAIN ST
NEW HEBRON, MS 39140

This SBA small 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.

NAICS Code

112340 - Poultry Hatcheries

Loan Approval Date

1/9/2001

Loan Approval Gross Amount

$290,000

Loan Approval from the SBA

Of the total $290,000 loan amount, the SBA guaranteed $217,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $290,000. How would you spend $290,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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