Vivian, Louisiana Bank Lends Money to Transportation Equipment And Supplies Company in Oil City, Louisiana

Want to talk with a Vivian, Louisiana bank about a small business loan? Here's one Louisiana business loan, issued by a Vivian bank, that was approved by the SBA.

Applying for an SBA loan with Citizens Bank & Trust - Vivian L worked out well for our friends at one local firm in Oil City, Louisiana. They received an SBA loan for $688,000. Nice!

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES
OIL CITY, LA 71061

SBA Loan Lender

CITIZENS BANK & TRUST - VIVIAN L
120 W ARKANSAS
VIVIAN, LA 71082

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423860 - Transportation Equipment and Supplies

Loan Approval Date

11/9/2005

Loan Approval Gross Amount

$688,000

Loan Approval from the SBA

Of the total $688,000 loan amount, the SBA guaranteed $516,000.

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 14 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Bank & Trust - Vivian L that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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