New Orleans, Louisiana Bank Lends Money to Caterers Company in New Orleans, Louisiana
Want to talk with a New Orleans, Louisiana bank about a small business loan? Here's one Louisiana business loan, issued by a New Orleans bank, that was approved by the SBA.
Applying for an SBA loan with Business Res. Cap. Specialty B worked out well for our friends at one local company in New Orleans, Louisiana. The business was able to get an SBA loan for $210,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: CATERERS
NEW ORLEANS, LA 70118
SBA Loan Lender
BUSINESS RES. CAP. SPECIALTY B
650 POYDRAS ST., STE.1220
NEW ORLEANS, LA 70130
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722320 - Caterers
Loan Approval Date
11/2/2007
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
The Friends and Family Network
Small Business Banks in New Orleans, Louisiana
SBA Louisiana Lenders