Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Business Loans for Monroe Businesses

 

 
Loan Census SBA Loan Info

Where to Get Capital for Snack and Nonalcoholic Beverage Bars

Looking for SBA loans for snack and nonalcoholic beverage bars? The SBA may be the answer. This $135,000 snack and nonalcoholic beverage bars loan was issued by a Louisiana bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First National Bank, out of Farmerville, Louisiana. The loan was granted and they received $135,000 to help grow their Monroe, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
MONROE, LA 71201

SBA Loan Lender

FIRST NATIONAL BANK
310 E WATER ST
FARMERVILLE, LA 71241

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/19/2006

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

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 only one employee. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Monroe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

VC Firms on Twitter

Where to Get an SBA Loan in Farmerville, Louisiana

Louisiana SBA Bank Lenders