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November 24, 2024  
 
 
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Mississippi Small Business Funding

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Art Dealers

With these small business loans for art dealers, the SBA guarantees the lender that the loan will be repaid. This art dealers loan for $30,000 was given to a Mississippi entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saucier, Mississippi was able to borrow $30,000 from Hancock Bank. The SBA made the loan possible by guaranteeing $25,500 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: ART DEALERS
SAUCIER, MS 39574

SBA Loan Lender

HANCOCK BANK
2510 14TH ST
GULFPORT, MS 39501

This small business loan 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

453920 - Art Dealers

Loan Approval Date

3/27/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hancock Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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:

SBIR Funding

Who Lends Money to Small Businesses in Gulfport, Mississippi

Mississippi SBA 7A Lenders