New Roads, Louisiana Bank Gives SBA Loan to Full-Service Restaurants Company

Thinking about meeting with a New Roads, Louisiana bank about a business loan? Here's one Louisiana business loan, issued by a New Roads bank, that was approved by the SBA.

Applying for an SBA loan with Peoples Bank & Trust - Pointe C worked out well for our friends at one local business in New Roads, Louisiana. They received an SBA loan for $290,200. Sweet!

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
NEW ROADS, LA 70760

SBA Loan Lender

PEOPLES BANK & TRUST - POINTE C
805 HOSPITAL RD
NEW ROADS, LA 70760

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/27/2004

Loan Approval Gross Amount

$290,200

Loan Approval from the SBA

Of the total $290,200 loan amount, the SBA guaranteed $217,650.

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 only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Peoples Bank & Trust - Pointe C so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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Who Lends Money to Small Businesses in New Roads, Louisiana

Louisiana SBA Banks