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November 14, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Mount Olive, Business Loans > Regions Bank Mount Olive Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
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Banks Doing SBA Loans in Mississippi
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Mount Olive, Mississippi Lender Lends Money to Broiler, Fryer, And Roaster Chickens CompanyThinking about meeting with a Mount Olive, Mississippi bank about a small business loan? Here's one Mississippi business loan, issued by a Mount Olive bank, that was approved by the SBA. Applying for an SBA loan with Regions Bank worked out well for our friends at one local firm in Richton, Mississippi. The business was able to get an SBA loan for $398,122. Awesome! SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender REGIONS BANK This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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. SIC Code 0251 - Broiler, Fryer, and Roaster Chickens NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 1/27/2004 Loan Approval Gross Amount $398,122 Loan Approval from the SBA Of the total $398,122 loan amount, the SBA guaranteed $298,592. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 $398,122 loan. Remember, fight for what you want, and it will be yours! 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 Decide How Much to Raise Small Business Banks in Mount Olive, Mississippi Find an SBA Lender in Mississippi
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