Carthage, Mississippi Bank Gives SBA Loan to Broiler, Fryer, And Roaster Chickens Company
A Carthage, Mississippi business loan can be yours. Learn how one firm got a $26,400 business loan from this Mississippi bank.
This loan to a local firm is a good example of an SBA loan. First Financial Bank made the loan and the SBA guaranteed a portion of the loan. Many other Mississippi entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
MORTON, MS 39117
SBA Loan Lender
FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051
This bank 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
11/13/2003
Loan Approval Gross Amount
$26,400
Loan Approval from the SBA
Of the total $26,400 loan amount, the SBA guaranteed $22,440.
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 2 employees. This SBA loan request did not indicate that the company promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you need business start up money in Morton MS, you ought to talk with a local Morton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Morton businesses.
This SBA loan was for $26,400. How would you spend $26,400 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.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Banks for Carthage, Mississippi Loans
SBA Mississippi Lenders