Raising Money for Poultry Production

Looking for business loans for poultry production? An SBA loan may be just what you've been looking for. This $105,000 poultry production loan was issued by a Mississippi bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Amsouth Bank, A Division Of, out of New Hebron, Mississippi. The loan was granted and they received $105,000 to help grow their Prentiss, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: POULTRY PRODUCTION
PRENTISS, MS 39474

SBA Loan Lender

AMSOUTH BANK, A DIVISION OF
501 MAIN ST
NEW HEBRON, MS 39140

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112390 - Poultry Production

Loan Approval Date

2/7/2001

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Amsouth Bank, A Division Of 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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