Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Examples of Philadelphia SBA Loans

 

 
Loan Census SBA Loan Info

Poultry Processing Bank Loans

Looking for bank loans for poultry processing? Try the SBA. This $478,361 poultry processing loan was issued by a Mississippi bank.

Getting a small business loan in Philadelphia, Mississippi was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First Financial Bank, operating out of Carthage, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: POULTRY PROCESSING
PHILADELPHIA, MS 39350

SBA Loan Lender

FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051

This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311615 - Poultry Processing

Loan Approval Date

6/7/2007

Loan Approval Gross Amount

$478,361

Loan Approval from the SBA

Of the total $478,361 loan amount, the SBA guaranteed $358,770.

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 2 employees. The loan application indicated that the funding would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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

Angel Investors

SBA 7A Banks for Carthage, Mississippi Loans

Getting an SBA Loan in Mississippi