Financing for Broilers and Meat Type
Looking for loans for broilers and meat type? The SBA may be the answer. This $512,000 broilers and meat type loan was issued by a Mississippi bank.
This company knew how to go about getting a business bank loan. Based in Pinola, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was State Bank & Trust Company, based in Greenwood, Mississippi.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
PINOLA, MS 39149
SBA Loan Lender
STATE BANK & TRUST COMPANY
916 HWY 82 BY-PASS
GREENWOOD, MS 38930
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
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
1/31/2002
Loan Approval Gross Amount
$512,000
Loan Approval from the SBA
Of the total $512,000 loan amount, the SBA guaranteed $384,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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:
Obtaining Funding - How to Borrow Money
SBA Approved Banks in Greenwood, Mississippi
Mississippi SBA Bank Lenders