Get an SBA Loan for Steam and Air-Conditioning Supply

Looking for small business loans for steam and air-conditioning supply? An SBA loan may be just what you've been looking for. This $100,000 steam and air-conditioning supply loan was issued by a Mississippi bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Hancock Bank, out of Gulfport, Mississippi. The loan was granted and they received $100,000 to help grow their Moss Point, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: STEAM AND AIR-CONDITIONING SUPPLY
MOSS POINT, MS 39563

SBA Loan Lender

HANCOCK BANK
2510 14TH ST
GULFPORT, MS 39501

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

221330 - Steam and Air-Conditioning Supply

Loan Approval Date

2/22/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 loan application indicated that the borrowed money would help create 4 new jobs.

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

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Moss Point 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:

How to Raise Money

SBA Banks in Gulfport, Mississippi

SBA Participating Banks in Mississippi