Where to Get Capital for Service Establishment Equipment and Supplies Merchant Wholesalers

Looking for SBA loans for service establishment equipment and supplies merchant wholesalers? Try the SBA. This $25,000 service establishment equipment and supplies merchant wholesalers loan was issued by a Louisiana bank.

This business knew how to go about getting a business bank loan. Based in Minden, Louisiana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citizens Bank & Trust Company, based in Springhill, Louisiana.

SBA Loan Borrower

COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
MINDEN, LA 71055

SBA Loan Lender

CITIZENS BANK & TRUST COMPANY
106 S MAIN ST
SPRINGHILL, LA 71075

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

423850 - Service Establishment Equipment and Supplies Merchant Wholesalers

Loan Approval Date

10/6/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $25,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Small Business Banks in Springhill, Louisiana

Getting an SBA Loan in Louisiana

Raising Money in Minden, Louisiana With SBA Loans

Where to Get Capital for Service Establishment Equipment and Supplies Merchant Wholesalers