Chicken Egg Production Loans

With these loans for chicken egg production, the SBA guarantees the lender that the loan will be repaid. This chicken egg production loan for $516,373 was given to a Mississippi entrepreneur in 2007.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Peoples Bank, out of Magee, Mississippi. The loan was granted and they received $516,373 to help grow their Preston, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: CHICKEN EGG PRODUCTION
PRESTON, MS 39354

SBA Loan Lender

PEOPLES BANK
611 5TH AVE
MAGEE, MS 39111

This debt financing 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

112310 - Chicken Egg Production

Loan Approval Date

10/25/2007

Loan Approval Gross Amount

$516,373

Loan Approval from the SBA

Of the total $516,373 loan amount, the SBA guaranteed $387,280.

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 indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Preston MS, you ought to talk with a local Preston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Preston businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $516,373 loan. Remember, if it to be, it is up to me!

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 Lenders in Magee, Mississippi

SBA Mississippi Lenders