Broilers and Meat Type Small Business Loans

Looking for small business loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $968,829 broilers and meat type 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 Trustmark National Bank, out of Pearl, Mississippi. The loan was granted and they received $968,829 to help grow their Paulding, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
PAULDING, MS 39348

SBA Loan Lender

TRUSTMARK NATIONAL BANK
2425 HWY 80 EAST
PEARL, MS 39208

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business 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.

SIC Code

0251 - Broiler, Fryer, and Roaster Chickens

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

3/2/2006

Loan Approval Gross Amount

$968,829

Loan Approval from the SBA

Of the total $968,829 loan amount, the SBA guaranteed $726,622.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

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

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

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SBA Banks in Pearl, Mississippi

Getting an SBA Loan in Mississippi