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December 18, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Jackson, Business Loans > Trustmark National Bank Jackson Business Loans > Services Loan | ||||
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Mississippi Bank SBA Loans
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Trustmark National Bank SBA Loan to Services CompanyLooking to get a Mississippi SBA loan? Here's one Mississippi business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Raymond, Mississippi, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Trustmark National Bank, based in Jackson, Mississippi. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender TRUSTMARK NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 8999 - Services Loan Approval Date 8/21/2000 Loan Approval Gross Amount $7,100 Loan Approval from the SBA Of the total $7,100 loan amount, the SBA guaranteed $3,550. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business 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. 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: Best Jackson, Mississippi Banks for Small Business
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