Entrepreneur Works With Kenner, Louisiana Bank to Get an SBA Loan
Want to talk with a Kenner, Louisiana bank about an SBA loan? Here's one Louisiana business loan, issued by a Kenner bank, that was approved by the SBA.
Applying for an SBA loan with First Bank And Trust worked out well for our friends at one local business in River Ridge, Louisiana. They received an SBA loan for $400,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
RIVER RIDGE, LA 70123
SBA Loan Lender
FIRST BANK AND TRUST
3301 WILLIAMS BLVD
KENNER, LA 70065
This loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5411 - Grocery Stores
NAICS Code
445120 - Convenience Stores
Loan Approval Date
4/9/2001
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
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 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding 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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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