Loan Census Banking News and Information
November 15, 2024  
 
 
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Small Business Banks for Business Owners in Mississippi

 

 
Loan Census SBA Loan Info

Mississippi Small Business Loan Issued to Broiler, Fryer, And Roaster Chickens Company

Would a Mississippi SBA loan help your business get to the next level? If so, you may want to talk with this Mississippi bank, which offers SBA loans to Mississippi entrepreneurs.

You can learn something about getting a small business loan in New Hebron, Mississippi by studying this loan to a local business, made back in 2004. Banks like Peoples Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
NEW HEBRON, MS 39140

SBA Loan Lender

PEOPLES BANK
611 5TH AVE
MAGEE, MS 39111

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

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

7/1/2004

Loan Approval Gross Amount

$273,000

Loan Approval from the SBA

Of the total $273,000 loan amount, the SBA guaranteed $204,750.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in New Hebron MS, you ought to talk with a local New Hebron SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Hebron businesses.

We can help you find the best banks for small businesses in New Hebron 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:

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Good Banks for Small Business in Magee, Mississippi

Where to Get an SBA Loan Mississippi