Loans for Service Establishment Equipment and Supplies Wholesalers

Looking for loans for service establishment equipment and supplies wholesalers? The SBA may be the answer. This $256,000 service establishment equipment and supplies wholesalers loan was issued by a Mississippi bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Trustmark National Bank, out of Brandon, Mississippi. The loan was granted and they received $256,000 to help grow their Ridgeland, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL EQUIPMENT
RIDGELAND, MS 39157

SBA Loan Lender

TRUSTMARK NATIONAL BANK
106 GOVERNMENT ST
BRANDON, MS 39042

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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

5046 - Commercial Equipment

NAICS Code

421850 - Service Establishment Equipment and Supplies Wholesalers

Loan Approval Date

8/22/2001

Loan Approval Gross Amount

$256,000

Loan Approval from the SBA

Of the total $256,000 loan amount, the SBA guaranteed $192,000.

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 21 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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 $256,000 loan. Remember, anyone can do it... so why not you?

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:

Debt Financing

Best Banks in Brandon, Mississippi

SBA Lenders in Mississippi